China Automotive Systems Inc. (CAAS, Financial) experienced a significant stock drop of 5.73%, with shares priced at $3.95. The trading volume reached 34,300 shares, with a turnover rate of 0.11% and a price fluctuation of 5.49%. Recent financial reports show a revenue of $164 million, a net profit of $5.5 million, and earnings per share of $0.18. The gross profit was $26.36 million, with a price-to-earnings ratio of 3.84. Currently, no institutional ratings are available for CAAS.
In the auto parts sector, the overall decline was 0.28%. Notable gainers include Hesai, Innoviz Technologies, and Hyzon Motors. Active stocks were Luminar Technologies, Mkdwell Tech, and Hesai, with significant fluctuations seen in Innoviz Technologies, Hesai, and Mkdwell Tech.
