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Oberweis Asset Management Has Lifted Bitauto Adr (BITA) Holding By $440,000; Schnitzer Steel Industries (SCHN) Sentiment Is 1.1

Oberweis Asset Management Inc increased Bitauto Adr (BITA) stake by 50% reported in 2017Q3 SEC filing. Oberweis Asset Management Inc acquired 10,000 shares as Bitauto Adr (BITA)’s stock rose 71.89%. The Oberweis Asset Management Inc holds 30,000 shares with $1.34 million value, up from 20,000 last quarter. Bitauto Adr now has $2.20 billion valuation. The stock increased 3.79% or $1.16 during the last trading session, reaching $31.8. About 364,226 shares traded. Bitauto Holdings Limited (NYSE:BITA) has risen 69.99% since February 21, 2017 and is uptrending. It has outperformed by 53.29% the S&P500.

Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and makes finished steel products worldwide. The company has market cap of $940.14 million. It operates through two divisions, Auto and Metals Recycling and Steel Manufacturing Business (SMB). It has a 15.77 P/E ratio. The AMR segment buys, collects, processes, recycles, sells, and brokers scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting.

The stock increased 2.59% or $0.9 during the last trading session, reaching $35.65. About 118,714 shares traded. Schnitzer Steel Industries, Inc. (SCHN) has risen 21.74% since February 21, 2017 and is uptrending. It has outperformed by 5.04% the S&P500.

Analysts await Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) to report earnings on April, 5. They expect $0.70 earnings per share, up 89.19% or $0.33 from last year’s $0.37 per share. SCHN’s profit will be $18.46 million for 12.73 P/E if the $0.70 EPS becomes a reality. After $0.63 actual earnings per share reported by Schnitzer Steel Industries, Inc. for the previous quarter, Wall Street now forecasts 11.11% EPS growth.

Rutabaga Capital Management Llc Ma holds 4.09% of its portfolio in Schnitzer Steel Industries, Inc. for 681,916 shares. Orca Investment Management Llc owns 113,018 shares or 2.82% of their US portfolio. Moreover, Lesa Sroufe & Co has 2.79% invested in the company for 113,155 shares. The British Columbia – Canada-based Vertex One Asset Management Inc. has invested 2.18% in the stock. Heartland Advisors Inc, a Wisconsin-based fund reported 692,251 shares.

Among 9 analysts covering Bitauto Holdings (NYSE:BITA), 8 have Buy rating, 1 Sell and 0 Hold. Therefore 89% are positive. Bitauto Holdings had 15 analyst reports since October 29, 2015 according to SRatingsIntel. The rating was upgraded by CLSA on Friday, September 1 to “Buy”. The firm has “Buy” rating by Citigroup given on Thursday, October 29. The firm has “Neutral” rating given on Tuesday, February 23 by JP Morgan. As per Friday, July 8, the company rating was initiated by Macquarie Research. The company was downgraded on Monday, May 16 by Morgan Stanley. The company was initiated on Wednesday, January 27 by HSBC. As per Monday, February 22, the company rating was upgraded by CLSA. Credit Suisse upgraded the shares of BITA in report on Wednesday, March 9 to “Outperform” rating. The stock has “Buy” rating by Citigroup on Tuesday, January 2. The stock of Bitauto Holdings Limited (NYSE:BITA) has “Outperform” rating given on Wednesday, May 24 by CLSA.

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