Autohome traded at $22.22 this Friday August 21st, increasing $0.10 or 0.45 percent since the previous trading session. Looking back, over the last four weeks, Autohome gained 3.69 percent. Over the last 12 months, its price fell by 20.95 percent. Looking ahead, we forecast Autohome to be priced at 21.43 by the end of this quarter and at 19.90 in one year, according to Trading Economics global macro models projections and analysts expectations.
Autohome Inc is a holding company mainly provides online destination for automobile consumers. It is engaged in the provision of online advertising and dealer subscription services. It, through its Websites, autohome.com.cn and che168.com, delivers content to automobile buyers and owners. Media services provide with marketing solutions in connection with brand promotion, new model release and sales promotion. Leads generation services enable dealer subscribers to create their own online stores, list pricing and promotional information, provide dealer contact information, place advertisements and manage customer relationships. Online marketplace and others focus on providing facilitation services and other platform-based services for new and used car transactions. It also provides services to its cooperative financial institutions that involve facilitating the sale of their loans and insurance products. The Company mainly conducts its businesses in the China market.