Bitauto Holdings Limited (NYSE:BITA)’s share price gapped down before the market opened on Friday . The stock had previously closed at $49.24, but opened at $47.58. Bitauto Holdings Limited shares last traded at $43.05, with a volume of 2657000 shares.
BITA has been the subject of a number of research reports. BidaskClub cut shares of Bitauto Holdings Limited from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 28th. Zacks Investment Research upgraded shares of Bitauto Holdings Limited from a “sell” rating to a “hold” rating in a research report on Wednesday, August 30th. Finally, ValuEngine upgraded shares of Bitauto Holdings Limited from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd.
The stock has a market capitalization of $2,767.51, a price-to-earnings ratio of 195.65 and a beta of 3.18.
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About Bitauto Holdings Limited
Bitauto Holdings Limited is a provider of Internet content and marketing services for China’s automotive industry. The Company’s bitauto.com and taoche.com Websites provide consumers with information on new and used automobile pricing, and promotional information, specifications, reviews and consumer feedback.
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