China Automotive Systems (CAAS) Jumps: Stock Rises 7.1% - Tale of the Tape - Gentex (NASDAQ:GNTX), China Automotive Systems (NASDAQ:CAAS)

China Automotive Systems Inc. CAAS was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $8.47 to $9.09 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

China Automotive Systems currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other players in the automobile industry, which look attractive at current levels, include Gentex Corp. GNTX, Magna International Inc. MGA and Meritor, Inc. MTOR. All these stocks sport a Zacks Rank #1 (Strong Buy).

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CHINA AUTO SYS CAAS: Free Stock Analysis Report

GENTEX CORP GNTX: Free Stock Analysis Report

MERITOR INC MTOR: Free Stock Analysis Report

MAGNA INTL CL A MGA: Free Stock Analysis Report

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