Company chares are trading at $46.97 which is slightly above the 50 day moving average of $43.17 and slightly over the 200 day moving average of $34.34. The 50 day moving average went up by +8.81% and the 200 day average went up by +36.77%. 458K shares changed hands by the end of trading on Thursday. Shares saw a steep decrease in trading volume of 32.03% under the normal average daily volume.
The following firms have also recently changed their position in ATHM. Vontobel Asset Management Inc added to its stake by buying 4,283,910 shares an increase of 2,290.1% as of 06/30/2017. Vontobel Asset Management Inc owns 4,470,974 shares valued at $206,105,000. The total value of its holdings increased 3,366.9%. As of quarter end Bank Of Montreal /can/ had acquired a total of 13,756 shares growing its holdings by 239.9%. The value of the company’s investment in Autohome Inc. American Deposita increased from $182,000 to $884,000 a change of $702,000 quarter to quarter.
Handelsbanken Fonder Ab grew its holdings by buying 193,000 shares an increase of 1,754.5%. Handelsbanken Fonder Ab controls 204,000 shares worth $9,253,000. The value of the position overall is up by 4,086.9%. As of the end of the quarter Morgan Stanley had sold 11 shares trimming its position 9.7%. The value of the total investment in Autohome Inc. American Deposita went from $3,000 to $3,000 a change of 0.0% quarter over quarter.
On May 24 the company was downgraded from “Underperform” to “Outperform” in a report from CLSA. Equity analyst JP Morgan added the stock to its research portfolio setting a rating of “Neutral”.
On June 28 the stock rating was downgraded to “Underperform” from “Neutral” in a report issued by Credit Suisse. On April 17 the company was upgraded from “Underperform” to “Neutral” and a price target of $31.50 was set by analysts at Credit Suisse.
Credit Suisse raised the price target and upgraded the stock on April 17 changing the price objective from $20.00 to $31.50 and setting the rating at “Neutral” which had previously been “Underperform”. On February 23 analysts at JP Morgan issued its first research report on the stock by announcing an initial rating of “Neutral”.
The company is now unchanged by 0.00% since yesterday’s close of $46.97. The P/E ratio is 28.30 and market cap is 5.43B. In the last earnings report the EPS was $1.66 and is projected to be $2.10 for the current year with 115,578,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.46 and the next full year EPS is anticipated to be $2.52.
Autohome Inc., launched on June 23, 2008, is an online destination for automobile consumers in China. The Company is involved in the provision of online advertising and dealer subscription services in the People’s Republic of China (PRC). The Company, through its Websites, autohome.com.cn and che168.com, and mobile applications, delivers content to automobile buyers and owners. These services are offered to automakers and dealers, and advertising agencies that represent automakers and dealers in the automobile industry..