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China Auto Logistics Inc (NASDAQ:CALI) has been upgraded to Buy in a statement by ValuEngine earlier today.

ValuEngine has upgraded China Auto Logistics Inc (NASDAQ:CALI) to Buy in a statement released on 6/20/2017.

Having a price of $2.18, China Auto Logistics Inc (NASDAQ:CALI) traded 1.87% higher on the day. With the last close down -1.68% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. CALI has recorded a 50-day average of $2.00 and a two hundred day average of $2.22. Volume of trade was down over the average, with 7,412 shares of CALI changing hands under the typical 49,553

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China Auto Logistics Inc (NASDAQ:CALI)

China Auto Logistics Inc has a 52 week low of $1.30 and a 52 week high of $4.69 The company’s market cap is currently $0.

About China Auto Logistics Inc (NASDAQ:CALI)

China Auto Logistics Inc., formerly Fresh Ideas Media, Inc. is engaged in providing imported automobile sales and trading service, and a Web-based automobile sales and trading information platform to its customers. The Company operates through four segments: sales of automobiles, financing services, airport auto mall automotive services and other services. The Company conducts its sales operations of imported automobiles primarily through its subsidiaries, Tianjin Binhai Shisheng Trading Group Co., Ltd. and Tianjin Zhonghe Auto Sales Service Co., Ltd. (Zhonghe). Its financing services include letter of credit issuance services, purchase deposit financing, and import duty advance services. Zhonghe operates approximately two businesses, including selling used cars through Car King Tianjin, and leasing a portion of the Airport International Auto Mall. The Company's other services include revenue generated from Web-based Advertising.

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