News coverage about China Automotive Systems (NASDAQ:CAAS) has been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. China Automotive Systems earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the auto parts company an impact score of 45.7910616646951 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Several equities analysts recently commented on the stock. ValuEngine raised shares of China Automotive Systems from a “hold” rating to a “buy” rating in a research report on Sunday, December 3rd. Zacks Investment Research lowered shares of China Automotive Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, November 21st.

China Automotive Systems (NASDAQ:CAAS) traded up $0.34 on Monday, reaching $5.16. 177,400 shares of the company’s stock traded hands, compared to its average volume of 83,075. China Automotive Systems has a 12 month low of $4.30 and a 12 month high of $6.05. The stock has a market capitalization of $163.44, a P/E ratio of 6.45 and a beta of 2.38.

TRADEMARK VIOLATION NOTICE: This article was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another website, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this article can be viewed at https://www.watchlistnews.com/china-automotive-systems-caas-receiving-somewhat-favorable-press-coverage-study-finds/1798730.html.

China Automotive Systems Company Profile

China Automotive Systems, Inc, (China Automotive) is a holding company. The Company, through its subsidiary, Great Genesis Holdings Limited (Genesis), owns interests in over eight Sino-joint ventures and over five subsidiaries in the People’s Republic of China (PRC), which manufacture power steering systems and/or related products for various segments of the automobile industry.

Insider Buying and Selling by Quarter for China Automotive Systems (NASDAQ:CAAS)

Receive News & Ratings for China Automotive Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Automotive Systems and related companies with Analyst Ratings Network's FREE daily email newsletter.