What's Behind Fiat Chrysler Automobiles NV (FCAU)? Technical Indicators Under Review


What's Behind Fiat Chrysler Automobiles NV (FCAU)? Technical Indicators Under Review

The value of the position overall is down by 0.2%. 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.

Shares of Fiat Chrysler Automobiles N.V.

On July 28 the company was upgraded from " to "Buy" in a report from Kepler Cheuvreux. Quadrature Capital Ltd bought a new stake in Fiat Chrysler Automobiles N.V. during the fourth quarter worth approximately $3,059,000.

Following previous thoughts, shifting focus on performance of the Fiat Chrysler Automobiles N.V. (NYSE:FCAU) that has shown a discernible change in trend levels over the path of recent market activity. 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. Ameriprise Financial Inc.'s holdings in Fiat Chrysler Automobiles N.V. were worth $353,000 as of its most recent filing with the SEC. Fiat Chrysler Automobiles N.V. has a 1-year low of $6.05 and a 1-year high of $12.17. (FCAU) traded down 1.10% during trading on Thursday, hitting $11.64.

The company is trading down from yesterday's close of $11.64.

In July 2017, Fiat Chrysler's USA fleet sales were down by about 35.0% to just 16,086 vehicle units, much lower than its June fleet sales of 47,401 units. The stock's 50-day moving average is $11.41 and its 200-day moving average is $10.95. The stock has a market capitalization of $17.89 billion, a P/E ratio of 5.36 and a beta of 1.72.

Fiat Chrysler Automobiles N.V. had a net margin of 2.51% and a return on equity of 15.69%.

Ferrari reported strong second quarter earnings last week and released plans to expand its fleet of luxury vehicles, possibly to include a roomier four-seater to its line of high-performance sports cars. The firm's revenue for the quarter was up.1% on a year-over-year basis. Next quarter's EPS is forecasted at $0.72 and the next full year EPS is projected to be $2.86.

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FCAU has been the subject of a number of recent research reports. Morgan Stanley lifted their target price on shares of Fiat Chrysler Automobiles N.V. from $14.00 to $15.00 and gave the stock an "overweight" rating in a research report on Friday, April 28th. Fiat Chrysler Automobiles N.V. presently has an average rating of "Hold" and an average price target of $12.55. BidaskClub raised Fiat Chrysler Automobiles N.V. from a "sell" rating to a "hold" rating in a report on Friday, June 23rd. Zacks Investment Research cut Fiat Chrysler Automobiles N.V. from a "hold" rating to a "sell" rating in a report on Wednesday, August 2nd.

The gap between the companies is set to widen, according to brokerages including UBS Group AG, Banca IMI SpA and Banca Akros SpA, which have all increased their price target for Ferrari by 25% or more. Fiat Chrysler Automobiles N.V. (NYSE:FCAU) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges.