6 Great Reasons To Buy This Stock 购买此股票的6大理由

Bitauto Holdings Limited (BITA 11.45), through its subsidiaries, provides Internet content and marketing services, and transaction services for the automobile industry in the People's Republic of China. It operates in three segments: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business.

Followings are favorable factors for short term up move:

1. BITA reported better than expected earnings.

2. BITA broke out of an almost two month trading range on 125% higher volume. It also broke above its 50 day moving average solidly at 10.87.

3. BITA's short interest is a whopping 56% with only13.85 million shares float. A definite short squeeze candidate.

4. BITA has great fundamentals: a low forward PE of 7.2, EPS growth this year is projected to be 62.80%, Price to Sales 0.52, Price to Book 0.29.

5. BITA has an investors.com accumulation/ distribution rating of B.

6. BITA has bottomed and has upside potential to 14.

Bitauto Holdings Limited (BITA 11.45) 通过其子公司为中华人民共和国的汽车行业提供互联网内容和营销服务以及交易服务。 它分为三个部分：广告和订阅业务，交易服务业务和数字营销解决方案业务。

以下是对BITA短期上涨的有利因素：

1. BITA报告的收益好于预期。

2. BITA突破了近两个月的交易区间，成交量为平均量的125％。 它也稳固地突破了50日移动平均线10.87。

3. BITA的空头百分比高达56％，而只有1385万股浮动股票。 一个肯定的空头挤压候选股。

4. BITA基本面很好：前瞻市盈率为很低的7.2，今年每股盈利增长预测为62.80％，价格／销售为0.52，价格／账面价值为0.29。

5. BITA的investors.com积累/分发评级为B.

6. BITA已触底，并具有到14的上升空间。