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CAAS, JMBA, KNDI were Biggest Consumer Goods Gainers : by Penny Stock Pick Alert

Penny Stock Pick Alert reports that today China Automotive Systems, Jamba and Kandi Technolgies Corp. were Biggest Consumer Goods Gainers.

 



(EMAILWIRE.COM, November 13, 2009 ) Dallas, TX - China Automotive Systems, Inc. (NASDAQ:CAAS) climbed up over 11.15% to $16.25 on a volume of 1.72 million shares after the company said today that it expects 2009 revenue of approximately $228.5 million. The current consensus estimate is revenue of $213.7 million for the year ending December 31, 2009. This earnings guidance summary was provided by Earnings Whispers, a leading provider of earnings expectations - including corporate guidance announcements and analysts' expectations that differ from published estimates.

Jamba, Inc. (NASDAQ:JMBA) soared 9.47% to $1.85 after the company said that the total revenue for the third quarter 2009 decreased US$7.1 million to $79 million, a fall of 8.2%. However, net income for the period of $2.8m showed an improvement when compared to a net loss of $12.4m, in the third quarter 2008.

Kandi Technolgies Corp. (NASDAQ:KNDI) surged 22.49% to $4.14. The stock hit an intraday high and an intraday low of $4.25 and $3.53 respectively. In the last six months the stock went up over 158%. Kandi Technologies, Corp. is engaged in the design, development, manufacturing, and commercializing of all-terrain vehicles, go-karts, and specialized automobile related products for the People’s Republic of China and global export markets.

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