China Automotive Systems inc (CAAS)

[buzz lightyear]

News for 'CAAS' - (China Automotive Systems Has Returned 43.1% Since SmarTrend Recommendation (CAAS))


Jul 15, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an
Uptrend for China Automotive Systems (NASDAQ:CAAS) on May 1st, 2013 at $4.80. In
approximately 3 months, China Automotive Systems has returned 43.13% as of
today's recent price of $6.87.

In the past 52 weeks, shares of China Automotive Systems have traded between a
low of $3.51 and a high of $8.13 and are now at $6.87, which is 96% above that
low price. In the last five trading sessions, the 50-day moving average (MA) has
climbed 4.9% while the 200-day MA has risen 1.5%.

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.

SmarTrend will continue to scan these moving averages and a number of other