Want to buy Shares? Here is the Profit Shares of Bitauto Hldg Ltd (NASDAQ: BITA)

Bitauto Hldg Ltd day trading at USD 11.65 per share, then rallying to 11.98 and closing at USD 11.81 per share. A net gain of 1.37% for the day. Long term pricing analysis shows the stock trading at 22.61% lower than it’s 52week high and -23.15% higher than the 52week low. The share volume traded for the day was 207K which was 0 times the 50 Day Average Volume.

Bitauto Hldg Ltd had a market cap of 838,926K as of 20th May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ -2.44.

Bitauto Hldg Ltd (NYSE: BITA) is a leading provider of internet content & marketing services, and transaction services for China’s automotive industry. Bitauto’s business consists of three segments: advertising and subscription business, transaction services business, and digital marketing solutions business.

Financial Results

Bitauto Hldg Ltd Fourth Quarter Of Fiscal 2019.

  • Revenue in the fourth quarter of 2019 was RMB2.69 billion (US$385.8 million), compared to RMB3.12 billion (US$448.1 million) in the corresponding period in 2018.
  • Gross profit in the fourth quarter of 2019 was RMB1.59 billion (US$228.4 million), compared to RMB1.69 billion (US$242.9 million) in the corresponding period in 2018.
  • Net loss in the fourth quarter of 2019 was RMB978.2 million (US$140.5 million), compared to RMB398.3 million (US$57.2 million) in the corresponding period in 2018.
  • Non-GAAP net loss in the fourth quarter of 2019 was RMB576.5 million (US$82.8 million), compared to Non-GAAP net income of RMB199.0 million (US$28.6 million) in the corresponding period in 2018.
  • Net loss attributable to Bitauto in the fourth quarter of 2019 was RMB922.4 million (US$132.5 million), compared to RMB416.7 million (US$59.9 million) in the corresponding period in 2018.
  • Non-GAAP net loss attributable to Bitauto in the fourth quarter of 2019 was RMB573.5 million (US$82.4 million), compared to Non-GAAP net income attributable to Bitauto of RMB118.6 million (US$17.0 million) in the corresponding period in 2018.

Bitauto Hldg Ltd (20th May 2020): The Institutional Ownership as of today stood at 29.20%and the Total Value of Holdings (millions) is $ 240.

New Institutional Holders and other activity – As of today, the total number of shares held is 20,717,023 by 92 institutional holders.

LATEST NEWS:

3-May-2020:-  Brokerages Anticipate Bitauto Hldg Ltd (NYSE: BITA) to Post $0.25 EPS

Equities analysts expect Bitauto Hldg Ltd (NYSE: BITA) to report earnings of $0.25 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Bitauto’s earnings. Bitauto also reported earnings of $0.25 per share during the same quarter last year.

10-April-2020:-  $0.25 Earnings Per Share Expected for Bitauto Hldg Ltd (NYSE: BITA) This Quarter

Analysts forecast that Bitauto Hldg Ltd (NYSE: BITA) will post earnings of $0.25 per share for the current fiscal quarter, according to Zacks. Zero analysts have made estimates for Bitauto’s earnings. Bitauto also posted earnings per share of $0.25 during the same quarter last year. The firm is expected to announce its next quarterly earnings report on Thursday, June 4th.

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