China Automotive Systems inc (CAAS)

[Hostile Takeover]

China Automotive Systems: New 52-Week Low Set Today (CAAS)
2 days 19 hours 29 minutes ago - F71 via Comtex
Financial News NetwFork Online - 52-week High-Lows

China Automotive Systems (NASDAQ:CAAS) traded at $6.30 today, breaking its 52-week low. So far today approximately 456,000 shares have been exchanged, as compared to an average 30-day volume of 201,000 shares.

In the past 52 weeks, shares of China Automotive Systems have traded between the current low of $6.30 and a high of $21.49 and are now at $6.39. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.71% while the 200-day MA has slid 0.72%.

China Automotive Systems, Inc. manufactures power steering systems and other related products for different segments of the automobile industry in China. The Company focuses on parts, accessories, and new technologies. China Automotive is also targeting customers in North America, the Asia-Pacific countries, and the Middle East.

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