Technical Reports on Auto Makers Equities -- Tata Motors, Honda Motor, Ferrari, and SORL Auto Parts
NEW YORK, December 6, 2016 /PRNewswire/ --
Stock-Callers.com redirects investors' attention to four major players in the Auto Manufacturers industry, which are: Tata Motors Ltd (NYSE: TTM), Honda Motor Co. Ltd (NYSE: HMC), Ferrari N.V. (NYSE: RACE), and SORL Auto Parts Inc. (NASDAQ: SORL). As per IBISWorld's Global Car & Automobile Manufacturing global market research report released last August, rising incomes in emerging countries will buoy global auto demand. Additionally, auto manufacturers' expansion of small cars portfolios and shift in production to hybrid electric automobiles, also bodes well for future industry growth. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
Tata Motors
On Monday, shares in Mumbai, India-based Tata Motors Ltd recorded a trading volume of 993,446 shares. The stock ended the session 0.63% higher at $32.20. The Company's shares have gained 9.31% on an YTD basis. The stock is trading 6.51% below its 200-day moving average. Moreover, shares of Tata Motors, which engages in the design, development, manufacture, assembly, sale, and export of passenger and commercial vehicles, have a Relative Strength Index (RSI) of 25.57.
On November 08th, 2016, research firm Credit Suisse upgraded the Company's stock rating from 'Neutral' to 'Outperform'. Visit us today and access our complete research report on TTM at:
http://stock-callers.com/registration/?symbol=TTM
Honda Motor
Tokyo, Japan-based Honda Motor Co. Ltd's stock closed the day 0.20% higher at $29.43. A total volume of 775,576 shares was traded, which was above their three months average volume of 713,140 shares. The Company's shares have advanced 3.66% in the past month. The stock is trading 1.10% above its 50-day moving average and 5.23% above its 200-day moving average. Additionally, shares of Honda Motor, which develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide, have an RSI of 55.49.
On 25th November, 2016, Honda Motor reported that production in Japan for October 2016 was 74,490 units, a year-on-year decrease for the first time in six months (since April 2016). Production in regions outside of Japan experienced a year-on-year increase for the 3rd consecutive month (since August 2016), setting record high production for the month of October of 347,644 units. Total exports from Japan for the month of October 2016 experienced a year-on-year increase for the 16th consecutive month (since July 2015). The complimentary report on HMC can be downloaded at:
http://stock-callers.com/registration/?symbol=HMC
Ferrari
Shares in Maranello, Italy headquartered Ferrari N.V. recorded a trading volume of 699,852 shares, which was higher than their three months average volume of 444,560 shares. The stock ended yesterday's trading session 2.77% higher at $55.59. The Company's shares have advanced 10.08% in the past month, 14.22% in the previous three months, and 17.29% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.04% and 21.53%, respectively. Furthermore, shares of Ferrari, which together with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars, have an RSI of 59.43.
On November 07th, 2016, Ferrari reported that net revenues for Q3 2016 were Euro 783 million, an increase of Euro 60 million, or 8.3% from Q3 2015. The company's adjusted EBIT was Euro 172 million, up Euro 32 million, or 23% from Q3 2015 as a result of higher volumes. Ferrari's shipments totaled 1,978 units in Q3 2016, up 29 units from Q3 2015, a solid performance on top of an outstanding Q3 2015 which grew by 21% versus Q3 2014.
On November 22nd, 2016, research firm Berenberg initiated a 'Buy' rating on the Company's stock. Register for free on Stock-Callers.com and access the latest research report on RACE at:
http://stock-callers.com/registration/?symbol=RACE
SORL Auto Parts
Rui'an, the People's Republic of China headquartered SORL Auto Parts Inc.'s stock finished Monday's session 2.60% lower at $3.75 with a total trading volume of 146,522 shares. The Company's shares have advanced 30.21% over the previous three months and 48.22% since the start of this year. The stock is trading above its 200-day moving average by 49.55%. Additionally, shares of SORL Auto Parts, which manufactures and distributes automotive brake systems and other safety related auto parts in China, have an RSI of 37.62.
On November 14th, 2016, SORL Auto Parts reported that net sales increased by 23.0% to $61.9 million in Q3 2016 compared to $50.3 million in Q3 2015. Gross margin for Q3 2016 was 30.1%, compared to a gross margin of 28.0% for Q3 2015. Net Income attributed to stockholders rose by 55.4% to $3.2 million in Q3 2016 from $2.0 million in Q3 2015. The company's basic and diluted earnings per share were $0.17 in Q3 2016 compared to $0.11 in Q3 2015. Get free access to your research report on SORL at:
http://stock-callers.com/registration/?symbol=SORL
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article