The 74 rating InvestorsObserver gives to China Automotive Systems, Inc. (CAAS) stock puts it near the top of the Auto Parts industry. In addition to scoring higher than 94 percent of stocks in the Auto Parts industry, CAAS’s 74 overall rating means the stock scores better than 74 percent of all stocks.
What do These Ratings Mean?
Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.
Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.
What’s Happening With China Automotive Systems, Inc. Stock Today?
China Automotive Systems, Inc. (CAAS) stock has gained 2.09% while the S&P 500 is lower by -0.77% as of 2:15 PM on Wednesday, Dec 28. CAAS has gained $0.12 from the previous closing price of $5.74 on volume of 145,377 shares. Over the past year the S&P 500 is down -20.61% while CAAS has gained 117.84%. CAAS earned $0.71 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.27.
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