As on November 23, 2022, China Automotive Systems Inc. (NASDAQ: CAAS) got off with the flyer as it spiked 3.46% to $5.98. During the day, the stock rose to $6.055 and sunk to $5.71 before settling in for the price of $5.78 at the close. Taking a more long-term approach, CAAS posted a 52-week range of $2.20-$5.85.
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In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth was 1.50%. Meanwhile, its Annual Earning per share during the time was -12.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 323.50%. This publicly-traded company’s shares outstanding now amounts to $30.85 million, simultaneously with a float of $10.51 million. The organization now has a market capitalization sitting at $182.45 million. At the time of writing, stock’s 50-day Moving Average stood at $4.23, while the 200-day Moving Average is $3.30.
If we measure the efficiency of the company that is accounted for 3949 employees. For the Profitability, stocks gross margin was +14.47, operating margin was +0.23 and Pretax Margin of +1.69.
China Automotive Systems Inc. (CAAS) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Auto Parts industry. China Automotive Systems Inc.’s current insider ownership accounts for 65.18%, in contrast to 3.10% institutional ownership.
China Automotive Systems Inc. (CAAS) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 6/29/2022, the company posted $0.31 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.05) by $0.36. This company achieved a net margin of +2.22 while generating a return on equity of 3.54. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
China Automotive Systems Inc.’s EPS increase for this current 12-month fiscal period is 323.50% and is forecasted to reach 0.30 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the -12.70% growth it accomplished over the previous five years trading on the market.
China Automotive Systems Inc. (NASDAQ: CAAS) Trading Performance Indicators
Let’s observe the current performance indicators for China Automotive Systems Inc. (CAAS). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.33. Alongside those numbers, its PE Ratio stands at $13.17, and its Beta score is 2.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.36. Similarly, its price to free cash flow for trailing twelve months is now 10.25.
In the same vein, CAAS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.45, a figure that is expected to reach 0.06 in the next quarter, and analysts are predicting that it will be 0.30 at the market close of one year from today.
Technical Analysis of China Automotive Systems Inc. (CAAS)
Through scrutinizing the latest numbers posted by the [China Automotive Systems Inc., CAAS], it can be observed that its last 5-days Average volume of 0.3 million was better the volume of 69499.0, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 96.20% While, its Average True Range was 0.39.