Pre-Market Technical Recap on Auto Makers Stocks -- Ford Motor, Tesla, Fiat Chrysler Automobiles, and General Motors
NEW YORK, August 10, 2017 /PRNewswire/ --
If you want a Stock Review on F, TSLA, FCAU, or GM then come over to http://dailystocktracker.com/register and sign up for your free customized report today. Major operators in the Auto Manufacturers industry produce cars and trucks under multiple brands, make and sell auto replacement parts, and provide financing for vehicle purchases. These companies generally offer dividend yields that are in-line with the wider market. This morning, DailyStockTracker.com directs investors' attention to Ford Motor Co. (NYSE: F), Tesla Inc. (NASDAQ: TSLA), Fiat Chrysler Automobiles N.V. (NYSE: FCAU), and General Motors Co. (NYSE: GM). Daily Stock Tracker provides great insights on these stocks in its free research reports at: http://dailystocktracker.com/register
Ford Motor
Dearborn, Michigan-based Ford Motor Co.'s shares climbed 0.28%, finishing Wednesday's trading session at $10.92. A total volume of 32.04 million shares was traded. The stock is trading below its 50-day moving average by 2.90%. Moreover, shares of Ford Motor, which together with its subsidiaries, designs, manufactures, markets, and services automobiles in North America, South America, Europe, Middle-East and Africa, and Asia/Pacific, have a Relative Strength Index (RSI) of 37.45.
On July 27th, 2017, Ford Motor announced that the Company is launching its crowd-sourced shuttle service Chariot this month in New York City, aiming to provide new mobility solutions to consumers. Chariot offers commuters, some of whom live in transit deserts - areas that are not within walking distance of public transportation - a new way of getting from point A to point B.
On August 04th, 2017, research firm Nomura downgraded the Company's stock rating from 'Buy' to 'Neutral'. Free research report on F is available at: http://dailystocktracker.com/registration/?symbol=F
Tesla
On Wednesday, shares in Palo Alto, California headquartered Tesla Inc. recorded a trading volume of 6.88 million shares, and ended the session 0.46% lower at $363.53. The stock has gained 11.10% in the last one month, 11.78% over the previous three months, and 70.12% on an YTD basis. The Company's shares are trading 4.64% above their 50-day moving average and 32.74% above their 200-day moving average. Furthermore, shares of Tesla, which designs, develops, manufactures, and sells electric vehicles and energy storage products in the US, China, Norway, and internationally, have an RSI of 61.58.
On August 07th, 2017, Tesla announced that the Company intends to offer, subject to market and other conditions, $1.5 billion in aggregate principal amount of its senior notes due 2025. The notes will be senior unsecured debt obligations of the Company. The interest rate, redemption prices, and other terms of the notes are to be determined.
On August 08th, 2017, research firm Argus upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $444 per share. The complimentary research report on TSLA can be downloaded at: http://dailystocktracker.com/registration/?symbol=TSLA
Fiat Chrysler Automobiles
Shares in London, the UK-based Fiat Chrysler Automobiles N.V. closed at $11.77, slightly down 0.93% from the last trading session. The stock recorded a trading volume of 5.78 million shares. The Company's shares have gained 1.99% in the last one month, 6.32% over the previous three months, and 29.06% since the start of this year. The stock is trading 4.27% and 15.82% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Fiat Chrysler Automobiles, which together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems, have an RSI of 50.98.
On July 28th, 2017, FCA US LLC, a wholly owned subsidiary of Fiat Chrysler Automobiles, announced that it has received a certificate of conformity from the Environmental Protection Agency and a conditional executive order from the Air Resources Board of the State of California, permitting the production and sale of FCA US 2017 model-year light-duty Ram 1500 and Jeep(R) Grand Cherokee vehicles equipped with 3.0-liter diesel engines. Visit DailyStockTracker.com today and access our complete research report on FCAU at: http://dailystocktracker.com/registration/?symbol=FCAU
General Motors
Detroit, Michigan-based General Motors Co.'s stock ended 0.31% lower at $35.28 with a total trading volume of 8.24 million shares. The Company's shares have advanced 3.07% over the previous three months and 1.26% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.77% and 0.77%, respectively. Furthermore, shares of General Motors, which designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide, have an RSI of 48.02.
On August 01st, 2017, General Motors (GM) and Groupe PSA announced the close of the sale of GM's Opel/Vauxhall business to the latter. The sale represents a win for all stakeholders and is the latest and most significant in a series of actions GM has taken to strengthen its global enterprise and position itself for the future, while immediately improving the Company's financial performance. Get free access to your research report on GM at: http://dailystocktracker.com/registration/?symbol=GM
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