Morning Technical Insight on These Auto Makers Stocks -- Ferrari, Fiat Chrysler, General Motors, and Honda Motor
NEW YORK, March 1, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on RACE, FCAU, GM, and HMC which can be accessed for free by signing up to www.wallstequities.com/registration. According to Research and Markets' "2018 Global Automotive Market – Emerging Dynamics and Future of Global Passenger Cars and Commercial Vehicles" report, recovery in global economy, expansion into new markets is driving the industry growth in terms of surge in M&A activities, site relocations, and vertical integration of operations worldwide. The new factors have a significant impact on the sales of major vehicle manufacturers. Pre-market today, WallStEquities.com covers the recent performance of four major industry players, particularly: Ferrari N.V. (NYSE: RACE), Fiat Chrysler Automobiles N.V. (NYSE: FCAU), General Motors Co. (NYSE: GM), and Honda Motor Co. Ltd (NYSE: HMC). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Ferrari
Maranello, Italy headquartered Ferrari N.V.'s shares saw a slight decline of 1.43%, finishing Wednesday's trading session at $124.21. A total volume of 505,077 shares was traded. In the last month and the previous three months, the stock has advanced 4.62% and 11.10%, respectively. Additionally, the Company's shares have gained 90.92% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.70% and 15.64%, respectively. Moreover, shares of Ferrari, which through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars, have a Relative Strength Index (RSI) of 52.37.
On February 20th, 2018, Ferrari announced that Scuderia Ferrari has extended its partnership agreement with Philip Morris International. By virtue of the agreement, the duo continue a collaboration of nearly five decades. Get the full research report on RACE for free by clicking below at: www.wallstequities.com/registration/?symbol=RACE
Fiat Chrysler Automobiles
On Wednesday, shares in London, the UK-based Fiat Chrysler Automobiles N.V. recorded a trading volume of 3.77 million shares, and ended the session 1.17% lower at $21.19. The stock has gained 21.92% over the previous three months and 93.96% over the past year. The Company's shares are trading 31.13% above their 200-day moving average. Furthermore, shares of the Company, which together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems, have an RSI of 44.15.
On February 05th, 2018, research firm Morgan Stanley reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $18 a share to $26 a share.
On February 15th, 2018, FCA US LLC, a member of the Fiat Chrysler Automobiles family of companies, announced the "Drive for Design" contest, which returns for the sixth consecutive year and challenges all US high school students in grades 10 to 12 to design a Jeep® Wrangler for the year 2030. The Company's design team is also continuing its partnership with EyesOn Design and Lawrence Technological University for this year's contest. Entries must be submitted by April 27th, 2018. To experience our free membership services anytime/ anywhere and access the free report on FCAU, click to register at: www.wallstequities.com/registration/?symbol=FCAU
General Motors
Shares in Detroit, Michigan-based General Motors Co. closed at $39.35, down 2.04% from the last trading session. The stock recorded a trading volume of 22.85 million shares, which was above its three months average volume of 13.29 million shares. The Company's shares have gained 6.81% over the past year. The stock is trading 0.11% below its 200-day moving average. Additionally, shares of General Motors, which together with its subsidiaries, designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide, have an RSI of 38.21.
On February 05th, 2018, General Motors declared a Q1 2018 dividend of $0.38 per outstanding share of common stock. The dividend is payable on March 23rd, 2018, to all common shareholders of record at the close of business on March 09th, 2018.
On February 12th, 2018, research firm Citigroup reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $60 a share to $70 a share. Join our big investor community at Wall St. Equities today and get your free report on GM at: www.wallstequities.com/registration/?symbol=GM
Honda Motor
Tokyo, Japan headquartered Honda Motor Co. Ltd's stock ended 1.34% lower at $36.09 with a total trading volume of 587,504 shares. The Company's shares have advanced 0.19% in the last month, 9.43% over the previous three months, and 16.53% over the past year. The stock is trading above its 50-day and 200-day moving averages by 2.13% and 16.80%, respectively. Furthermore, shares of Honda Motor, which develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide, have an RSI of 54.90.
On February 20th, 2018, research firm Credit Suisse upgraded the Company's stock rating from 'Neutral' to 'Outperform'. Know more about HMC in our free research coverage at: www.wallstequities.com/registration/?symbol=HMC
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