Does China Auto Logistics Inc (CALI) Have Any Gas After Today's Significant Increase? - Finance News Daily

June 20, 2017 - By Migdalia James

The stock of China Auto Logistics Inc (NASDAQ:CALI) is a huge mover today! The stock increased 7.92% or $0.16 on June 20, reaching $2.18. About 87,208 shares traded. China Auto Logistics Inc (NASDAQ:CALI) has risen 125.69% since June 20, 2016 and is uptrending. It has outperformed by 108.99% the S&P500.
The move comes after 9 months positive chart setup for the $8.75M company. It was reported on Jun, 20 by Barchart.com. We have $2.31 PT which if reached, will make NASDAQ:CALI worth $525,000 more.

More notable recent China Auto Logistics Inc (NASDAQ:CALI) news were published by: Reuters.com</a> which released: “BRIEF-China Auto Logistics reports Q1 loss per share $0.03 from continuing …” on May 15, 2017, also Seekingalpha.com</a> with their article: “China Auto Logistics’s (CALI) CEO Tong Shiping on Q1 2017 Results – Earnings …” published on May 16, 2017, Thestreet.com</a> published: “China Auto Logistics (CALI) Stock Soaring on Subsidiary Sale” on June 07, 2016. More interesting news about China Auto Logistics Inc (NASDAQ:CALI) were released by: Seekingalpha.com</a> and their article: “SEC Brings Fraud Charges Against Promoters Of China Auto Logistics And Guanwei …” published on May 07, 2014 as well as Quotes.Wsj.com</a>‘s news article titled: “China Auto Logistics Inc. CALI (US: Nasdaq)” with publication date: February 12, 2011.

China Auto Logistics Inc., formerly Fresh Ideas Media, Inc. is engaged in providing imported automobile sales and trading service, and a Web automobile sales and trading information platform to its customers. The company has market cap of $8.75 million. The Firm operates through four divisions: sales of automobiles, financing services, airport auto mall automotive services and other services. It currently has negative earnings. The Firm conducts its sales activities of imported automobiles primarily through its subsidiaries, Tianjin Binhai Shisheng Trading Group Co., Ltd. and Tianjin Zhonghe Auto Sales Service Co., Ltd. .

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