China Automotive Systems, Inc. (CAAS) News
China Automotive Systems, Inc. (CAAS)
Today's Latest Price: $6.50 USD
Updated Jan 27 6:55pm
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StocksNews Articles for CAAS
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Latest CAAS News From Around the Web
Below are the latest news stories about China Automotive Systems Inc that investors may wish to consider to help them evaluate CAAS as an investment opportunity.
Implied Volatility Surging for China Automotive Systems (CAAS) Stock OptionsInvestors need to pay close attention to China Automotive Systems (CAAS) stock based on the movements in the options market lately. |
Insider Sells China Automotive Systems SharesChina Automotive Systems Inc (NASDAQ:CAAS) was trading 1.4% lower from the previous closing price. A Form 4 filing filed with the SEC on Tuesday, December 8 showed that Li Jie sold 10,000 shares at an average price of $9.00. The transaction moved the executive's stake in China Automotive Systems Inc. to 91,030 shares.Why Insider Transactions Are Important? While transactions from an insider shouldn't be used as the sole item to make an investment or trading decision, an insider buying or selling stock in their company can be a good added factor that leads to more conviction in a decision.When an insider buys stock after an important sell off, that can indicate the insider's faith in the success of the organization. Henceforth, if the stock is bought at new highs, it might be because the... |
China Automotive Systems Announces Hearing on February 5, 2021 on Proposal to Settle Stockholder Derivative LawsuitChina Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that a settlement hearing will be held on February 5, 2021 at 11:00 a.m. EST at the Court of Chancery in the Leonard L. Williams Justice Center, 500 North King Street, Wilmington, DE 19801. |
China Automotive Systems Registered Record High Monthly Shipments to Commercial Vehicle Market in ChinaChina Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it shipped approximately 70,000 commercial vehicle steering systems to leading Chinese truck OEM producers and the North America aftermarket in the month of November. |
Li Auto’s stock bounces back, along with other China EV makers, as Li’s public share offering is offset by upbeat delivery dataShares of Li Auto Inc. bounced sharply back Wednesday, as did the stocks of other China-based electric vehicle makers, as the Beijing-based company's disclosure of a large public stock offering was offset by upbeat monthly deliveries data. |
After Massive Spike Monday, China Automotive Systems Sinks on DowngradeAfter a historical surge in CAAS stock price, here's what's likely driving Tuesday's decline. |
Nio, XPeng stocks swing to losses despite big jumps in November deliveriesShares of Nio Inc. and XPeng Inc. reversed course to trade sharply lower, again, even as the China-based electric vehicle makers reported strong growth in November deliveries. |
Looking Into China Automotive Systems's Return On Capital EmployedDuring Q3, China Automotive Systems (NASDAQ: CAAS) brought in sales totaling $114.42 million. However, earnings decreased 76.14%, resulting in a loss of $1.44 million. In Q2, China Automotive Systems brought in $83.18 million in sales but lost $6.03 million in earnings.What Is Return On Capital Employed? Changes in earnings and sales indicate shifts in China Automotive Systems's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, China Automotive Systems posted an ROCE of -0.0%.It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a c... |
Are Options Traders Betting on a Big Move in China Automotive Systems (CAAS) Stock?Investors need to pay close attention to China Automotive Systems (CAAS) stock based on the movements in the options market lately. |
IHS Markit, MicroStrategy: 5 Top Stock Gainers for MondayIHS Markit, MicroStrategy, Apollo Endosurgery, AMCI Acquisition and China Automotive Systems are five top stock gainers for Monday. |