Consumer Goods Most Volatile Stocks: China New Borun (NYSE:BORN), China Automotive Systems (NASDAQ:CAAS), Ocean Bio-Chem (NASDAQ:OBCI), Fuwei Films (NASDAQ:FFHL)
China New Borun Corp (NYSE:BORN) is a leading producer & a distributor of corn-based edible- alcohol in China. The company announced the unaudited fiscal results for Its Q4 & the full year that ended Dec 31, 2013. For the Q4 of 2013, the company’s revenue rose by 30.7% y- o- to RMB657.8M ($107.9 million) from RMB503.4M in that same period of 2012. China New Borun Corp (NYSE:BORN) shares after opening at $3.17 moved to $3.43 on last trade day and at the end of the day closed at $3.31. Company price to sales ratio in past twelve months was calculated as 0.25 and price to cash ratio as 0.66. China New Borun Corp (NYSE:BORN) showed a negative weekly performance of -1.19%.
China Automotive Systems (NASDAQ:CAAS) shares saw unusually-high trading volume on Monday following a stronger than expected earnings report, Stock Ratings Network reports. Approximately 232,014 shares were traded during trading, an increase of 27% from the previous session’s volume of 182,329 shares. China Automotive Systems, Inc. (NASDAQ:CAAS) shares fell -3.66% in last trading session and ended the day on $7.90. CAAS return on equity ratio is recorded as 14.80% and its return on assets is 5.90%. China Automotive Systems, Inc. (NASDAQ:CAAS) yearly performance is 68.09%.
Ocean Bio-Chem (NASDAQ:OBCI) shares fell 6.73% to $2.91 after the company reported Q4 results. Ocean Bio-Chem reported its Q4 earnings of $0.04 per share on revenue of $7.80 million. Ocean Bio-Chem, Inc. (NASDAQ:OBCI) shares moved down -1.60% in last trading session and was closed at $3.07 while trading in range of $2.75 – $3.14 – Ocean Bio-Chem, Inc. (NASDAQ:OBCI) year to date (YTD) performance is 25.31%.
Fuwei Films (Holdings) Co., Ltd. (Nasdaq:FFHL) traded up 15.5% ; that it has learned that Shandong SNTON Optical Materials Technology Co., Ltd. (the “Bidder”) was the successful bidder in the fifth public auction of 6,912,503 shares (or 52.9%) of its outstanding ordinary shares held on March 25, 2014. The winning bid was RMB101,800,000 (approximately US$16,572,787) or approximately US$2.40 per ordinary share. Fuwei Films (Holdings) Co., Ltd (NASDAQ:FFHL) weekly performance is 57.14%. On last trading day company shares ended up $1.76. Fuwei Films (Holdings) Co., Ltd (NASDAQ:FFHL) distance from 50-day simple moving average (SMA50) is 40.17%. Analysts mean target price for the company is $89.45.