EHIC - eHi Car Services Limited

NYSE - NYSE Delayed Price. Currency in USD
11.15
+0.29 (+2.67%)
At close: 4:00PM EDT
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Previous Close10.86
Open10.85
Bid9.90 x 1300
Ask12.00 x 3000
Day's Range10.82 - 11.24
52 Week Range9.96 - 14.65
Volume239,361
Avg. Volume83,900
Market Cap780.041M
Beta (3Y Monthly)0.66
PE Ratio (TTM)41.60
EPS (TTM)0.27
Earnings DateMay 25, 2017 - May 26, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est13.16
Trade prices are not sourced from all markets
  • PR Newswire3 months ago

    eHi Files Amended Transaction Statement on Schedule 13E-3 with Securities and Exchange Commission

    SHANGHAI, July 3, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (EHIC), a leading car rental and car services company in China, today announced that it and other filing persons have filed an amended transaction statement on Schedule 13E-3 ("Transaction Statement") with the United States Securities and Exchange Commission (the "SEC") under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in connection with the previously announced agreement and plan of merger (the "Merger Agreement"), dated as of April 6, 2018, among the Company, Teamsport Parent Limited ("Parent") and Teamsport Bidco Limited ("Merger Sub"), pursuant to which the Company will merge with and into Merger Sub (the "Merger"). Attached as an exhibit to the Transaction Statement is a preliminary proxy statement (the "Preliminary Proxy Statement") relating to an extraordinary general meeting of shareholders (the "EGM") which the Company expects to hold later this year.

  • PR Newswire4 months ago

    eHi Comments on Cayman Court's Outright Dismissal of Ctrip's Lawsuit and the Ctrip Consortium's Revised Non-Binding Proposal

    Cayman Court States Allegations in Ctrip's Lawsuit "Unsustainable" and "Unmeritorious," arising from "the cynical and abusive presentation of a winding-up petition" Court ...

  • PR Newswire4 months ago

    Ctrip and Ocean Link Partners Submit Revised Higher Offer to Acquire eHi Car Services Limited

    SHANGHAI , June 30, 2018 /PRNewswire/ -- the consortium (the "Ocean Link Consortium") formed between Ocean Imagination L.P., an entity controlled by Ocean Link Partners Limited, a private equity ...

  • PR Newswire4 months ago

    Ctrip and Ocean Link Partners Submit Revised Higher Offer to Acquire eHi Car Services Limited

    SHANGHAI , June 29, 2018 /PRNewswire/ -- the consortium (the "Ocean Link Consortium") formed between Ocean Imagination L.P., an entity controlled by Ocean Link Partners Limited, a private equity ...

  • What does eHi Car Services Limited’s (NYSE:EHIC) Balance Sheet Tell Us About Its Future?
    Simply Wall St.4 months ago

    What does eHi Car Services Limited’s (NYSE:EHIC) Balance Sheet Tell Us About Its Future?

    eHi Car Services Limited (NYSE:EHIC) is a small-cap stock with a market capitalization of US$929.75m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies,Read More...

  • ACCESSWIRE6 months ago

    Blog Exposure - Ocean Link Announces Update on Its Offer for eHI Car Services

    LONDON, UK / ACCESSWIRE / May 02, 2018 / Active-Investors.com has just released a free research report on eHi Car Services Ltd (NYSE: EHIC) ("eHi"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=EHIC as the Company's latest news hit the wire. On April 30, 2018, Ocean Link Partners Ltd ("Ocean Link"), which is a private equity firm dedicated to investing in travel-related industries in China, provided an update on the progress of its non-binding proposal to acquire all of the outstanding common shares of eHi.

  • PR Newswire6 months ago

    eHi Car Services Filed 2017 Annual Report on Form 20-F

    SHANGHAI , April 30, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rentals and car services provider in China , today announced ...

  • PR Newswire6 months ago

    Ocean Link Consortium Offered Higher Price to Take-private eHi

    SHANGHAI , April 30, 2018 /PRNewswire/ -- Ocean Link Partners Limited ("Ocean Link"), a private equity firm dedicated to investing in travel-related industries in China , is providing an update ...

  • PR Newswire6 months ago

    Ocean Link Consortium Offered Higher Price to Take-private eHi

    SHANGHAI , April 30, 2018 /PRNewswire/ -- Ocean Link Partners Limited ("Ocean Link"), a private equity firm dedicated to investing in travel-related industries in China , is providing an update ...

  • PR Newswire6 months ago

    eHi Issues Statement Regarding the Agreed-Upon Transaction with the Teamsport Consortium

    SHANGHAI, April 16, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (EHIC), a leading car rental and car services company in China, today issued the following statement regarding eHi's previously announced definitive Agreement and Plan of Merger (the "Merger Agreement") with the Teamsport consortium, which includes eHi's Chairman and CEO Ray Ruiping Zhang, certain affiliates of MBK Partners Fund IV, L.P., certain affiliates of Baring Private Equity Asia Limited, Redstone Capital Management (Cayman) Limited, The Crawford Group, Inc. and Dongfeng Asset Management Co. Ltd. The Board of Directors of the Company duly considered and determined that the entry into the Merger Agreement was in the best interests of the Company and its shareholders.  The determination of the Board was made after receiving the unanimous recommendation of the Special Committee, which is composed solely of independent and unaffiliated directors and worked closely with its independent financial and legal advisors to determine whether such transaction was in the best interests of the Company and its unaffiliated shareholders.  In making these determinations, the Board and the Special Committee also considered the preliminary, non-binding proposal for an alternative transaction made by Ocean Link Partners Limited on April 2, 2018 and the alternative of remaining a standalone public company.

  • PR Newswire6 months ago

    eHi Car Services Announces Full Year 2017 Results

    SHANGHAI , April 9, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services provider in China , today announced its ...

  • Reuters6 months ago

    Deals of the day-Mergers and acquisitions

    ** Walmart completed a thorough due diligence process on e-commerce firm Flipkart this week, two sources said, as the U.S. retail giant looks to take a controlling stake of 51 percent or more in the Indian company. ** Netflix Inc is offering more than $300 million to buy a company that owns billboards across Los Angeles, including on West Hollywood's famed Sunset Strip, a move that could help it save money maintaining a high profile in the world's entertainment capital, according to people familiar with the matter. ** Chinese car rental company Ehi Car Services Ltd said the company would be taken private by a consortium led by its Chief Executive Officer Ray Ruiping Zhang in a deal valued at about $937.5 million.

  • Reuters6 months ago

    China's Ehi Car Services to be taken private by CEO-led consortium

    Chinese car rental company Ehi Car Services Ltd said on Friday the company would be taken private by a consortium led by its Chief Executive Officer Ray Ruiping Zhang in a deal valued at about $937.5 million. The offer of $13.50 in cash per American depositary share of Ehi represents a 15.4 percent premium to the company's close on Nov. 24, when a third party China-based investment fund, Goliath Advisors Ltd, bid for Ehi. Ehi formed a special committee in December to review Goliath's offer.

  • PR Newswire6 months ago

    eHi Car Services Enters into Definitive Merger Agreement

    SHANGHAI, April 6, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (EHIC), a leading car rental and car services company in China, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Teamsport Parent Limited ("Parent") and Teamsport Bidco Limited ("Merger Sub"), a wholly owned subsidiary of Parent. The consideration to be paid to holders of Shares and ADSs implies an equity value for the Company of approximately US$937.5 million.

  • GuruFocus.com9 months ago

    Tech Investor Chase Coleman Ups Stake in eHi Car Services

    Coleman’s hedge fund Tiger Global Management achieved stardom primarily through bets on the tech and software sectors

  • PR Newswire9 months ago

    eHi Car Services Announces Update to Preliminary Non-Binding Proposal to Acquire the Company

    SHANGHAI, Jan. 2, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (EHIC), a leading car rental and car services company in China, today announced that its Board of Directors (the "Board") has received a preliminary non-binding proposal letter, dated January 1, 2018 (the "Proposal Letter"), from affiliates of MBK Partners HK Limited and Mr. Ray RuiPing Zhang, Chairman of the Board and Chief Executive Officer of eHi, and his affiliates (together, the "Consortium"), that proposes a "going-private" transaction (the "Proposed Transaction") for US$13.35 in cash per American Depositary Share of the Company (each representing two Class A common shares), or US$6.675 in cash per common share.

  • PR Newswire9 months ago

    eHi Car Services Announces Results of 2017 Annual General Meeting

    SHANGHAI , Jan. 2, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services provider in China , today announced the ...

  • PR Newswire10 months ago

    eHi Car Services Announces Appointment of Independent Financial Advisor and Legal Counsel to the Special Committee

    SHANGHAI, Dec. 26, 2017 /PRNewswire/ -- eHi Car Services Limited (NYSE: EHIC, "eHi" or the "Company), a leading car rental and car services company in China, today announced that the special committee (the "Special Committee") of the Company's board of directors (the "Board"), formed to consider the previously announced non-binding proposal that the Board received from Goliath Advisors Limited ("GAL") on November 26, 2017 (the "Proposal"), has retained Duff & Phelps, LLC as its independent financial advisor and Fenwick & West LLP as its legal counsel to assist it in this process. The Board cautions the Company's shareholders and others considering trading in the Company's securities that the Special Committee is continuing its evaluation of the Proposal and that, at this time, no decision has been made with respect to the Company's response to the Proposal.

  • PR Newswire10 months ago

    eHi Car Services Announces Formation of a Special Committee to Evaluate Non-Binding Proposal

    SHANGHAI, Dec. 11, 2017 /PRNewswire/ -- eHi Car Services Limited (NYSE: EHIC, "eHi" or the "Company), a leading car rental and car services company in China, announced today that, in response to the non-binding proposal from Goliath Advisors Limited ("GAL") received by the Company's Board of Directors on November 26th, 2017 (the "Proposal"), the Board of Directors of eHi has formed a special committee (the "Special Committee") comprised of independent directors Mr. Qian Miao, Mr. Andrew Xuefeng Qian and Mr. David Jian Sun, to evaluate the Proposal.

  • PR Newswire11 months ago

    eHi Car Services Announces Receipt of Preliminary Non-Binding Proposal to Acquire the Company

    SHANGHAI , Nov. 27, 2017 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services company in China , today announced that ...