China Zenix Auto International Limited (ZX) Rating Increased to Buy at ValuEngine

ValuEngine upgraded shares of China Zenix Auto International Limited (NYSE:ZX) from a hold rating to a buy rating in a research report report published on Friday morning.

Shares of China Zenix Auto International Limited (ZX) opened at $2.12 on Friday. China Zenix Auto International Limited has a 52 week low of $1.02 and a 52 week high of $2.32.

China Zenix Auto International Limited (NYSE:ZX) last issued its earnings results on Friday, August 25th. The auto parts company reported ($0.02) EPS for the quarter. The business had revenue of $115.20 million for the quarter. China Zenix Auto International Limited had a negative net margin of 0.91% and a negative return on equity of 0.90%.

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China Zenix Auto International Limited Company Profile

China Zenix Auto International Limited is a commercial vehicle wheel manufacturer in both the aftermarket and original equipment manufacturer (OEM) markets in People’s Republic of China (PRC). The Company designs, manufactures and sells steel wheels. It operates in three segments: PRC OEM sales, which include production and sales of steel and aluminum wheels to vehicle manufacturers in the PRC; PRC aftermarket sales, which include production and sales of steel and aluminum wheels to distributors in the PRC, and international sales, which includes the production and sales of steel wheels to distributors and vehicle manufacturers outside the PRC.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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