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Autohome Inc. (ATHM): These Shares are Poised for Major Movement

At the end of the latest market close, Autohome Inc. (ATHM) was valued at $35.56. In that particular session, Stock kicked-off at the price of $35.64 while reaching the peak value of $39.99 and lowest value recorded on the day was $35.53. The stock current value is $39.74.Recently in News on August 3, 2022, Autohome 2022 Q2 Revenues Beats Consensus, Sustains Strong Recovery Momentum, Posts Excellent Profitability. Autohome Inc. (NYSE: ATHM; HKEX: 2518) (“Autohome” or the “Company”), the leading online destination for automobile consumers in China,  today announced its unaudited  financial results  for  the three months and six months ending on June 30, 2022. The Company maintained its growth momentum that has led to a strong recovery in the second quarter. Net revenues amounted to RMB1,733.0 million with an increase of 17.8% quarter-on-quarter beating a Bloomberg consensus estimate of RMB1,711 million. The company has posted higher than consensus figures for the second consecutive quarter. Meanwhile, the Company has continued to demonstrate outstanding profitability with a high net profit ratio. Adjusted net income attributable to Autohome amounted to RMB472.2 million while adjusted net profit ratio was 27.2%. Supported by policy stimulus and pent-up demand, media services revenues also surged 98.9% quarter-on-quarter to RMB530.6 million while leads generation services revenues increased by 6.3% quarter-on-quarter to RMB752.8 million. You can read further details here

Autohome Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $39.99 on 08/03/22, with the lowest value was $20.49 for the same time period, recorded on 03/14/22.

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Autohome Inc. (ATHM) full year performance was -6.10%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Autohome Inc. shares are logging -24.07% during the 52-week period from high price, and 93.95% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $20.49 and $52.34.

The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 753525 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Autohome Inc. (ATHM) recorded performance in the market was 34.80%, having the revenues showcasing 35.96% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 5.18B, as it employees total of 5715 workers.

Market experts do have their say about Autohome Inc. (ATHM)

During the last month, 5 analysts gave the Autohome Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 6 analysts were recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 31.99, with a change in the price was noted +15.61. In a similar fashion, Autohome Inc. posted a movement of +64.69% for the period of last 100 days, recording 765,496 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ATHM is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical breakdown of Autohome Inc. (ATHM)

Raw Stochastic average of Autohome Inc. in the period of last 50 days is set at 98.09%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 96.46%. In the last 20 days, the company’s Stochastic %K was 50.66% and its Stochastic %D was recorded 39.14%.

Bearing in mind the latest performance of Autohome Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 34.80%. Additionally, trading for the stock in the period of the last six months notably improved by 17.37%, alongside a downfall of -6.10% for the period of the last 12 months. The shares increased approximately by 6.83% in the 7-day charts and went up by 2.03% in the period of the last 30 days. Common stock shares were driven by 35.96% during last recorded quarter.

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