Tiger Global Management LLC
recently stated that they own a 21.7% stake in Ehi Car Services Ltd (NYSE:EHIC) in a Schedule 13D/A disclosure that was filed with the Securities and Exchange Commission (SEC) on Friday, January 12th. The investor owns 16,084,454 shares of the stock valued at approximately $193,656,826. The reporting parties listed on the disclosure included Tiger Global Mauritius Fund, Tiger Global Investments, LP, Tiger Global Performance, LLC, Tiger Global Management, LLC, Scott Shleifer and Charles P Coleman III. The disclosure is available through Edgar at this link.
Separately, Zacks Investment Research upgraded Ehi Car Services from a “sell” rating to a “hold” rating in a report on Tuesday, November 21st.
Ehi Car Services Ltd (NYSE:EHIC) traded down $0.10 during mid-day trading on Friday, reaching $12.04. The company’s stock had a trading volume of 67,002 shares, compared to its average volume of 174,222. The company has a market cap of $836.43, a PE ratio of 57.33 and a beta of 0.51. Ehi Car Services Ltd has a 52-week low of $8.89 and a 52-week high of $12.50.
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About Ehi Car Services
eHi Car Services Limited, formerly Prudent Choice International Limited, is a holding company. The Company is engaged in car rentals and car services. The Company provides self-drive car rental services to both individual customers, as well as corporate and institutional clients to meet travel, leisure, business and ground transportation needs.
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