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China Auto Enters Oversold Territory

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December 06, 2010 | Comment(s): 0
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China Automotive Systems, Inc’s (CAAS - Snapshot Report) share price has entered into oversold territory with a stochastic value of 17.64. The Zacks Consensus Estimate on the company’s earnings for 2010 increased by 4 cents over the past month to $1.12 per share. China Automotive System is a Zacks #2 Rank (“Buy”) company.

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