China Automotive Systems, Inc. (NASDAQ: CAAS) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 10.15% on the day to $4.39.
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People’s Republic of China. It produces rack and pinion power steering gears for cars and light-duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; automobile steering systems and columns; and automobile electronic and hydraulic power steering systems and parts.
So far today, approximately 268.73k shares of China Automotive Systems, Inc. have been exchanged, as compared to an average 30-day volume of 43,612 shares.
China Automotive Systems, Inc. share prices have moved between a 52-week high of $4.94 and a 52-week low of $3.04. The stock has moved 8.58% over the past week.
To learn more about China Automotive Systems, Inc., visit the company’s website at https://www.caasauto.com.
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