China Auto Logistics (NASDAQ:CALI) Earning Positive Press Coverage, Report Finds

News articles about China Auto Logistics (NASDAQ:CALI) have trended positive on Sunday, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. China Auto Logistics earned a news sentiment score of 0.26 on Accern’s scale. Accern also assigned headlines about the company an impact score of 44.7455179547972 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of China Auto Logistics (NASDAQ:CALI) traded up 1.57% during trading on Friday, hitting $1.94. 26,560 shares of the stock traded hands. China Auto Logistics has a 52 week low of $1.30 and a 52 week high of $4.69. The company has a 50-day moving average of $2.01 and a 200-day moving average of $2.48. The firm has a market cap of $7.83 million, a P/E ratio of 1.92 and a beta of 1.96.

China Auto Logistics (NASDAQ:CALI) last announced its quarterly earnings results on Monday, May 15th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $110.53 million for the quarter. China Auto Logistics had a negative return on equity of 2.87% and a net margin of 1.11%.

Separately, ValuEngine cut shares of China Auto Logistics from a “buy” rating to a “hold” rating in a research note on Thursday, June 8th.

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About China Auto Logistics

China Auto Logistics Inc, formerly Fresh Ideas Media, Inc is engaged in providing imported automobile sales and trading service, and a Web-based automobile sales and trading information platform to its customers. The Company operates through four segments: sales of automobiles, financing services, airport auto mall automotive services and other services.

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