Bitauto Holdings Ltd (NYSE:BITA) Moving Aggressively – Down $3.92

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Bitauto Holdings Ltd (NYSE:BITA) is at $39.13 seeing a daily low of $38.19 and a high of $42.32. The big move classifies the stock as one of the day’s most volatile.

The stock is among the market’s biggest losers today.

Bitauto Holdings Ltd news headlines.

Bitauto to Report Third Quarter 2017 Unaudited Financial Results on November 20, 2017.

Short Interest

Traders are a little more bullish on Bitauto Holdings Ltd of late if you pay attention to the change in short interest. The stock realized a fall in short interest from October 13, 2017 to October 31, 2017 of -0.28%. Short interest fell from 4,078,782 to 4,067,349 over that period. The short-interest ratio decreased to 4.0 and the percentage of shorted shares is 0.06% as of October 31.

Earnings Per Share

Bitauto Holdings Ltd currently has a P/E ratio of N/A and market cap is 2.77B. In the last earnings report the EPS was $-1.49 with 70.73M shares now outstanding.

Company Information

Bitauto Holdings Limited (Bitauto), launched on October 21, 2005, is a provider of Internet content and marketing services for China’s automotive industry. The Business’s bitauto.com and taoche.com Websites provide consumers with information on new and used automobile pricing, and promotional information, specifications, reviews and consumer feedback. The Company operates through three segments: advertising business, EP platform business and digital marketing solutions business. The advertising business offers a range of advertising services mainly to automakers through its Websites, as well as mobile applications. The EP platform business provides Web-based and mobile-based integrated digital marketing solutions to automobile customers in China. The platform enables dealer subscribers to create their own online showrooms, list pricing and promotional information, provide dealer contact information, place advertisements and manage customer relationships to help them reach a set of purchase-minded customers and market their automobiles to consumers online. The digital marketing solutions business provides automakers with digital marketing solutions, including Website creation and maintenance, online public relations, online marketing campaigns and advertising agent services..