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Actionable news in BITA: BITAUTO HOLDINGS LIMITED,

Bitauto Holdings (BITA) Showing Signs Of A Dead Cat Bounce Today

Trade-Ideas LLC identified Bitauto Holdings ( BITA) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Bitauto Holdings as such a stock due to the following factors:

  • BITA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $27.7 million.
  • BITA has traded 189,412 shares today.
  • BITA is up 4.7% today.
  • BITA was down 5.7% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in BITA with the Ticky from Trade-Ideas. See the FREE profile for BITA NOW at Trade-Ideas More details on BITA: Bitauto Holdings Limited provides Internet content and marketing services for the automotive industry in the People's Republic of China. The company operates in four segments: bitauto.com Advertising Business, EP Platform Business, taoche.com Business, and Digital Marketing Solutions Business. BITA has a PE ratio of 62. Currently there are 3 analysts that rate Bitauto Holdings a buy, no analysts rate it a sell, and 2 rate it a hold. The average volume for Bitauto Holdings has been 878,800 shares per day over the past 30 days. Bitauto has a market cap of $2.1 billion and is...


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