ZTO Express (Cayman) Inc. Ameri (NYSE:ZTO):
ZTO ALERT: J&W Announces Investigation of ZTO Express (Cayman) Inc.; Investors Encouraged to Contact Firm.
The company is so far trading up from yesterday’s close of $15.01.
ZTO Express (Cayman) Inc is an express delivery company in China. The Company provides express delivery service through its nationwide network as well as other value-added logistics services..
Company chares are trading at $15.27 which is a tad above $14.33, the 50 day moving average and which is slightly above the 200 day moving average of $13.31. The 50 day moving average went up $0.88 or +6.10% whereas the 200 day average was up by +14.25%.
The P/E ratio is currently 33.28 and the market value is 10.96B. In the last earnings report the EPS was $0.46 and is estimated to be $0.62 for the current year with 720,564,000 shares now outstanding. Next quarter’s EPS is forecasted at $0.15 and the next full year EPS is anticipated to be $0.82.
Several investment firms have released opinions on ZTO Express (Cayman) Inc. Ameri recently. JP Morgan began coverage with an initial rating of “Overweight”. Equity analyst Citigroup started covering the stock setting a rating of “Overweight”.
On November 21, 2016 Morgan Stanley added the stock to its research portfolio giving it an initial rating of “Buy”. On November 21 analysts at Goldman Sachs initiated coverage on the stock with a rating of “Buy”.Advertisement