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China Zenix Auto International (ZX) Worth Watching: Stock Moves 11.2% Higher

Zacks Equity Research

China Zenix Auto International Limited (ZX) was a big mover last session, as the company saw its shares rise by over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down 37% in the past one-month time frame.

The company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

China Zenix currently has a Zacks Rank #3 (Hold) and its Earnings ESP is 0.00%.

Some better-ranked stocks in the auto-parts industry include Federal-Mogul Corporation (FDML), Gentex Corp. (GNTX) and Tower International, Inc. (TOWR). All these stocks sport a Zacks Rank #1 (Strong Buy).

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FEDERAL MOGUL CORP (FDML): Free Stock Analysis Report

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