Thursday, 19 October, 2017

Ferrari Speeds Past Former Parent Fiat Chrysler in Market Value

Fiat Chrysler’s US Retail Sales Continued to Fall in July 2017 Ferrari Speeds Past Former Parent Fiat Chrysler in Market Value
Stacy Diaz | 12 August, 2017, 05:46

Comerica Bank now owns 73,065 shares of the company's stock worth $711,000 after buying an additional 8,432 shares during the last quarter. Eqis Capital Management Inc. purchased a new position in shares of Fiat Chrysler Automobiles N.V. during the second quarter worth approximately $324,000. The company had a trading volume of 1,616,454 shares. Morgan Stanley now holds 474,358 shares with a value of $5,042,000. Lingohr & Partner Asset Management Gmbh now controls 831,493 shares valued at $9,088,000. Dimensional Fund Advisors LP now owns 1,481,882 shares of the company's stock worth $13,515,000 after buying an additional 1,187,195 shares during the last quarter. US Bancorp DE increased its stake in shares of Fiat Chrysler Automobiles N.V.by 5.7% in the first quarter. Citigroup Inc added to its stake by buying 1,456,000 shares an increase of 2,329.6% from 03/31/2017 to 06/30/2017. Dalal Street LLC now owns 12,922,130 shares of the company's stock worth $141,239,000 after buying an additional 950,200 shares in the last quarter.

After a recent check, Fiat Chrysler Automobiles NV's 14-day RSI is now at 46.44, the 7-day stands at 31.40, and the 3-day is sitting at 11.27. The NYSE listed company saw a recent bid of $24.63 and 2340874 shares have traded hands in the session. The stock is trading at $11.57 which is just over the 50 day moving average which is $11.55 and which is significantly higher than the 200 day moving average of $11.01. The firm has a market capitalization of $17.98 billion, a price-to-earnings ratio of 5.3852 and a beta of 1.72. The co's performance for 6 months was moved up of 11.14%, 1-year performance stands at 71.32% and year to date showing moved up performance of 29.06%.

Fiat Chrysler Automobiles N.V. had a return on equity of 15.69% and a net margin of 2.51%. Zacks Investment Research lowered Fiat Chrysler Automobiles N.V. from a "hold" rating to a "sell" rating in a report on Wednesday, August 2nd. During the same quarter in the prior year, the business earned $0.45 earnings per share. On average, analysts expect that Fiat Chrysler Automobiles N.V. will post $2.59 EPS for the current year.

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FCAU has been the subject of a number of recent research reports. Goldman Sachs Group, Inc. BidaskClub raised Fiat Chrysler Automobiles N.V. from a "sell" rating to a "hold" rating in a report on Friday, June 23rd. (The) restated a "buy" rating on shares of Fiat Chrysler Automobiles NV in a report on Tuesday, June 13th. The value of the company's investment in Fiat Chrysler Automobiles N.V. increased from $4,905,000 to $5,042,000 a change of $137,000 for the reporting period. Putting in a few extra hours of stock research may provide some good options for buying on the next big dip.