China Automotive Systems, Inc.’s (CAAS) MACD indicator has moved into bullish territory with a reading of 0.1266. The Zacks #1 Rank (“Strong Buy”) stock rose more than 1% to $19.17 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has moved up 21 cents over the past two months to $1.12 per share.
“CAAS” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research