Autohome Inc. American Deposita (NYSE:ATHM) Stock Traded Under Its 50 Day Moving Average

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Shares last traded at $59.48 just below the 50 day moving average which is $62.64 and well above the 200 day moving average of $49.89. The 50 day moving average moved down $-3.16 whereas the 200 day average was up by +19.23%. Autohome Inc. American Deposita shares had a trading volume of 5,988 on Tuesday. Trading volume was down 99.11% under the stocks average daily volume.

Traders are more bullish on Autohome Inc. American Deposita of late if you look at the motion in short interest. The firm realized a fall in short interest of -6.84% as of the latest report on September 29, 2017. Short shares decreased from 5,386,199 to 5,017,524 over that period. The short-interest ratio decreased to 4.0 and the percentage of shorted shares was 0.04% on September 29.

Additionally, here are a few investment firms who have increased or decreased their stake in (ATHM). As of the end of the quarter Bank Of Montreal /can/ had acquired 3,457 shares growing its stake by 21.5%. The value of the investment in (ATHM) increased from $731,000 to $1,176,000 increasing 60.9% for the reporting period. Meritage Portfolio Management expanded its investment by buying 1,318 shares an increase of 1.2% as of 09/30/2017. Meritage Portfolio Management currently owns 107,658 shares valued at $6,468,000. The total value of its holdings increased 34.1%.

Baillie Gifford & Co divested its stake by selling 1,545 shares a decrease of 0.8% in the quarter. Baillie Gifford & Co claims 181,526 shares worth $10,906,000. The value of the position overall is up by 31.3%. Shell Asset Management CO reduced its holdings by shedding 6,700 shares a decrease of 14.5% from 06/30/2017 to 09/30/2017. Shell Asset Management CO owns 39,351 shares with a value of $2,364,000. The total value of its holdings increased 13.2%.

On October 3, 2017 Credit Suisse began coverage of ATHM by announcing an initial rating of “Outperform”.

The company’s P/E ratio is 30.61 and market cap is 6.90B. As of the last earnings report the EPS was $1.94 and is projected to be $2.42 for the current year with 116,011,000 shares outstanding. Analysts expect next quarter’s EPS will be $0.64 with next year’s EPS anticipated to be $2.89.

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..

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