Ehi Car Services Ltd (NYSE:EHIC)’s share price hit a new 52-week high and low during trading on Thursday . The company traded as low as $13.43 and last traded at $13.19, with a volume of 468862 shares traded. The stock had previously closed at $12.40.
The stock has a market capitalization of $867.49, a P/E ratio of 188.00 and a beta of 0.42.
A number of institutional investors have recently made changes to their positions in the stock. Millennium Management LLC lifted its position in Ehi Car Services by 246.2% during the fourth quarter. Millennium Management LLC now owns 206,494 shares of the company’s stock worth $2,389,000 after buying an additional 146,840 shares in the last quarter. Yiheng Capital LLC increased its stake in Ehi Car Services by 16.5% during the fourth quarter. Yiheng Capital LLC now owns 2,957,154 shares of the company’s stock worth $34,214,000 after acquiring an additional 419,057 shares during the last quarter. Guggenheim Capital LLC increased its stake in Ehi Car Services by 43.0% during the fourth quarter. Guggenheim Capital LLC now owns 31,252 shares of the company’s stock worth $362,000 after acquiring an additional 9,393 shares during the last quarter. Deutsche Bank AG increased its stake in Ehi Car Services by 79.5% during the fourth quarter. Deutsche Bank AG now owns 105,050 shares of the company’s stock worth $1,215,000 after acquiring an additional 46,535 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in Ehi Car Services by 59.6% during the fourth quarter. Renaissance Technologies LLC now owns 418,100 shares of the company’s stock worth $4,837,000 after acquiring an additional 156,100 shares during the last quarter. Hedge funds and other institutional investors own 28.72% of the company’s stock.
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Ehi Car Services Company Profile
eHi Car Services Limited, through its subsidiaries, provides car rentals and car services to individuals, and corporate and institutional clients in the People's Republic of China. The company offers self-driven car rental services; and chauffeured car services, including airport pickup and drop-off, inter-office transfers, and other business transportation services, as well as services for event-driven activities, such as conventions, promotional tours, and special events.
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