Chase Coleman increased his positions in Bitauto Holdings (BITA, Financial) by 46.986% at the average price of $6.85 on 06/30/2011, as reported in his latest 13G filings. He owns 3,020,745 shares of the company. Bitauto Holdings Limited is engaged in providing Internet content and marketing services for automotive industry in China. Bitauto Holdings has a market cap of $283.1 million; its shares were traded at around $6.85 with and P/S ratio of 4.1.
Bitauto recently reported its first quarter 2011 results. Revenue in the first quarter of 2011 was RMB109.6 million ($16.7 million), a 56.9% increase from the corresponding period in 2010. Gross profit in the first quarter of 2011 was RMB71.7 million ($11.0 million), a 59.2% increase from a year ago. Operating profit in the first quarter of 2011 was RMB4.7 million ($0.7 million), up 4,585.1% compared to results from the first quarter of 2010.
Bitauto Holdings has a predictability rating of 1 star.
Bitauto recently reported its first quarter 2011 results. Revenue in the first quarter of 2011 was RMB109.6 million ($16.7 million), a 56.9% increase from the corresponding period in 2010. Gross profit in the first quarter of 2011 was RMB71.7 million ($11.0 million), a 59.2% increase from a year ago. Operating profit in the first quarter of 2011 was RMB4.7 million ($0.7 million), up 4,585.1% compared to results from the first quarter of 2010.
Bitauto Holdings has a predictability rating of 1 star.
