Shares of Ehi Car Services Ltd (NYSE:EHIC) have received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a twelve-month consensus target price of $13.00 for the company, according to Zacks. Zacks has also given Ehi Car Services an industry rank of 214 out of 265 based on the ratings given to related companies.
Several equities analysts recently commented on EHIC shares. Zacks Investment Research lowered Ehi Car Services from a “hold” rating to a “sell” rating in a research note on Wednesday, September 20th. ValuEngine upgraded Ehi Car Services from a “sell” rating to a “hold” rating in a research note on Friday, September 1st.
A number of large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP increased its stake in Ehi Car Services by 21.6% during the third quarter. Dimensional Fund Advisors LP now owns 209,334 shares of the company’s stock worth $2,051,000 after acquiring an additional 37,187 shares during the last quarter. Renaissance Group LLC increased its stake in Ehi Car Services by 11.1% during the third quarter. Renaissance Group LLC now owns 47,925 shares of the company’s stock worth $470,000 after acquiring an additional 4,786 shares during the last quarter. Pictet Asset Management Ltd. acquired a new stake in Ehi Car Services during the third quarter worth about $241,000. Yiheng Capital LLC grew its stake in shares of Ehi Car Services by 14.9% in the second quarter. Yiheng Capital LLC now owns 2,538,097 shares of the company’s stock valued at $25,330,000 after buying an additional 329,070 shares in the last quarter. Finally, Parametric Portfolio Associates LLC acquired a new stake in shares of Ehi Car Services in the second quarter valued at about $186,000. Institutional investors own 27.88% of the company’s stock.
Ehi Car Services (NYSE EHIC) traded down $0.05 during trading on Tuesday, reaching $11.37. The company had a trading volume of 17,558 shares, compared to its average volume of 101,138. The firm has a market capitalization of $810.83, a price-to-earnings ratio of 56.85 and a beta of 0.51. Ehi Car Services has a 52-week low of $8.38 and a 52-week high of $12.50. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.27 and a quick ratio of 1.93.
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Ehi Car Services Company Profile
eHi Car Services Limited, formerly Prudent Choice International Limited, is a holding company. The Company is engaged in car rentals and car services. The Company provides self-drive car rental services to both individual customers, as well as corporate and institutional clients to meet travel, leisure, business and ground transportation needs.
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