Morning Technical Insight on These Auto Makers Stocks -- Fiat Chrysler, SORL Auto Parts, Tesla, and General Motors
NEW YORK, Dec. 15, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on FCAU, SORL, TSLA, and GM which is a click away at www.wallstequities.com/registration. WallStEquities.com is currently focused on the global Auto Manufacturers space, which faces a rate of change unlike that of any other time in the industry's history, according to a Hoovers report. Digitalization, connectivity, evolving powertrain technologies, tougher regulations, and shifts in consumer attitudes have created unprecedented challenges as well as opportunities, as per the report. Four major industry players have been lined up for assessment this morning, and they are: Fiat Chrysler Automobiles N.V. (NYSE: FCAU), SORL Auto Parts Inc. (NASDAQ: SORL), Tesla Inc. (NASDAQ: TSLA), and General Motors Co. (NYSE: GM). In its free research reports, Wall St. Equities offers timely insights on these equities at: www.wallstequities.com/registration
Fiat Chrysler Automobiles
UK-based Fiat Chrysler Automobiles N.V.'s shares saw a decline of 1.24%, finishing Thursday's trading session at $17.53. A total volume of 1.38 million shares was traded. In the last month and the previous three months, the stock has advanced 0.17% and 5.22%, respectively. Additionally, the Company's shares have surged 93.01% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.47% and 30.24%, respectively. Moreover, shares of the Company have a Relative Strength Index (RSI) of 51.95.
On December 05th, 2017, FCA US LLC, a member of the Fiat Chrysler Automobiles family of companies, announced that the automotive editors at Consumer Guide® Automotive awarded four Company vehicles the 2018 Best Buy distinction: 2018 Chrysler Pacifica won both Minivan and Family Vehicle Best Buy awards for a second consecutive year; 2018 Dodge Durango continued as Large SUV Best Buy for a sixth consecutive year; 2018 Ram 1500 named Large Pickup Truck Best Buy every year since 2008; and 2018 Fiat 124 Spider captures Sporty Performance Car Best Buy for a second consecutive year. Today's daily Complimentary report on FCAU is accessible at: www.wallstequities.com/registration/?symbol=FCAU
SORL Auto Parts
On Thursday, shares in China headquartered SORL Auto Parts Inc. recorded a trading volume of 386,148 shares, and ended the session 0.69% higher at $7.28. The stock has surged 21.54% in the last one month, 70.09% over the previous three months, and 139.47% on an YTD basis. The Company's shares are trading 25.76% above their 50-day moving average and 31.91% above their 200-day moving average. Furthermore, shares of the Company have an RSI of 57.64.
On November 29th, 2017, SORL Auto Parts announced that it has recently won major supply contracts from the Shanghai Municipal Transportation Commission. The Company is the exclusive supplier of electric air compressors to all buses for Shanghai's municipal bus route 71. It is also the exclusive supplier of electric air compressors to all buses for Shanghai's first Bus Rapid Transit ("BRT") system. In addition to the BRT contract, there are over 2,000 public buses in Shanghai's municipal transportation system currently using electric air compressors made by the Company. To experience our free membership services anytime/ anywhere and access the free report on SORL, click to register at: www.wallstequities.com/registration/?symbol=SORL
Tesla
Shares in California headquartered Tesla Inc. closed at $337.89, slightly down 0.34% from the last trading session. The stock recorded a trading volume of 5.79 million shares. The Company's shares have gained 9.46% in the last one month and 58.12% since the start of this year. The stock is trading 3.83% and 3.56% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Tesla have an RSI of 61.32.
On December 05th, 2017, research firm Cascend Securities downgraded the Company's stock rating from 'Hold' to 'Sell', with a target price of $250 per share. Join our big investor community at Wall St. Equities today and start so with your free report on TSLA at: www.wallstequities.com/registration/?symbol=TSLA
General Motors
Michigan-based General Motors Co.'s stock ended 1.43% lower at $40.81 with a total trading volume of 9.28 million shares. The Company's shares have advanced 4.96% over the previous three months and 17.14% on an YTD basis. The stock is trading above its 200-day moving average by 8.66%. Furthermore, shares of General Motors have an RSI of 30.09.
On November 20th, 2017, research firm Guggenheim upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On December 01st, 2017, General Motors (GM) partnered with ID.me to verify the military statuses of customers enrolling in the GM Military Discount Program. ID.me is the next-generation digital identity platform enabling convenient, trusted interactions between individuals and organizations. Supported by ID.me's technology, GM provides exclusive discounts to its military customers, all while protecting customers' personal information. Know more about GM in our free research coverage at: www.wallstequities.com/registration/?symbol=GM
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