Autohome (ATHM) Shares are Up 8.44%

Autohome (ATHM) : Traders are bullish on Autohome (ATHM) as it has outperformed the S&P 500 by a wide margin of 25.34% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.38%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.44% in the last 1 week, and is up 26.63% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 15.14% and the 50-Day Moving Average is 10.42%. Autohome (NYSE:ATHM): On Fridays trading session , Opening price of the stock was $25.51 with an intraday high of $25.56. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $24.89. However, the stock managed to close at $25.44, a loss of 0.27% for the day. On the previous day, the stock had closed at $25.51. The total traded volume of the day was 699,915 shares.


Institutional Investors own 28.65% of Autohome shares. Also, In a research note released to the investors, Credit Suisse downgrades its rating on Autohome (NYSE:ATHM).The analysts at the brokerage house have a current rating of Underperform on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on June 28, 2016.

Autohome Inc., is an online destination for automobile consumers in China. The Company provides online advertising and dealer subscription services through its Websites and mobile applications. These services are offered to automakers and dealers, and advertising agencies. Its Websites include and Its logo (Autohome) brand is the searched automotive-related keyword on, the Chinese language Internet search engine. The content it provides to its users includes professionally produced content serves consumers throughout the automobile ownership life cycle; user generated content is the online community of automotive consumers in China; automobile library is the online automobile library in China with vehicle model configurations and photos, and automobile listing information features up-to-date listings of both new and used automobiles on its Websites. The Company provides its advertisers with a range of advertising solutions and tools.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.