Oct 25, 2017   SOURCE: PR NewsWire

Pre-Market Technical Recap on Auto Makers Stocks -- General Motors, Honda Motor, Ferrari, and Tata Motors

NEW YORK, October 25, 2017 /PRNewswire/ --

If you want a Stock Review on GM, HMC, RACE, or TTM then come over to http://dailystocktracker.com/register and sign up for your free customized report. The global Auto industry is dominated by a small number of US, Western European, and Japanese companies, according to a Hoovers report. In the pursuit of sales and market share growth, the major companies have expanded aggressively into emerging markets by setting up local subsidiaries or joint ventures. For today, DailyStockTracker.com shifts focus on the following equities: General Motors Co. (NYSE: GM), Honda Motor Co. Ltd (NYSE: HMC), Ferrari N.V. (NYSE: RACE), and Tata Motors Ltd (NYSE: TTM). Daily Stock Tracker provides great insights on these stocks in its free research reports at:

http://dailystocktracker.com/register

General Motors 

Detroit, Michigan-based General Motors Co.'s shares climbed 2.95%, finishing Tuesday's trading session at $46.48. A total volume of 27.87 million shares was traded, which was higher than their three months average volume of 12.18 million shares. In the last month and the previous three months, the stock has advanced 15.33% and 30.49%, respectively. Additionally, the Company's shares have gained 33.41% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 16.91% and 27.69%, respectively. Moreover, shares of General Motors, which designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide, have a Relative Strength Index (RSI) of 76.30.

On October 13th, 2017, research firm Barclays upgraded the Company's stock rating from 'Equal Weight' to 'Overweight' while revising its previous target price from $41 a share to $55 a share.

On October 23rd, 2017, General Motors declared a Q4 2017 dividend of $0.38 per outstanding share of common stock. The dividend is payable on December 21st, 2017, to all common shareholders of record at the close of business on December 08th, 2017. Free research report on GM is available at:

http://dailystocktracker.com/registration/?symbol=GM

Honda Motor 

On Tuesday, shares in Tokyo, Japan headquartered Honda Motor Co. Ltd recorded a trading volume of 435,587 shares, which was above their three months average volume of 433,380 shares. The stock ended the session 1.22% higher at $30.74. The Company's shares have gained 2.71% in the last one month, 11.38% over the previous three months, and 5.31% on an YTD basis. The stock is trading 5.55% above its 50-day moving average and 5.40% above its 200-day moving average. Furthermore, shares of Honda Motor, which develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide, have an RSI of 73.02. The complimentary research report on HMC can be downloaded at:

http://dailystocktracker.com/registration/?symbol=HMC

Ferrari 

Shares in Maranello, Italy headquartered Ferrari N.V. closed at $114.59, rising 0.77% from the last trading session. The stock recorded a trading volume of 444,806 shares. The Company's shares have gained 4.04% in the last one month, 8.71% over the previous three months, and 97.09% since the start of this year. The stock is trading 1.37% and 30.95% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Ferrari, which through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars, have an RSI of 50.97.

On October 11th, 2017, Ferrari announced that its financial results for Q3 2017 will be released on November 02nd, 2017. A live audio webcast and conference call of the results will begin at 11:00 a.m. EDT that same day. The presentation will be available under the Investors section of the Company's corporate website prior to the event. Visit DailyStockTracker.com today and access our complete research report on RACE at:

http://dailystocktracker.com/registration/?symbol=RACE

Tata Motors 

Mumbai, India-based Tata Motors Ltd's stock ended 0.09% higher at $32.19 with a total trading volume of 899,830 shares. The Company's shares have advanced 3.54% in the last one month. The stock is trading above its 50-day moving average by 3.73%. Furthermore, shares of Tata Motors, which designs, manufactures, and sells a range of automotive vehicles, have an RSI of 52.89. Get free access to your research report on TTM at:

http://dailystocktracker.com/registration/?symbol=TTM

--

Daily Stock Tracker: 

Daily Stock Tracker (DST) 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. DST 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. 

DST 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 contact@dailystocktracker.com. Rohit Tuli, a CFA(R) 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 DST. DST 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 

DST, 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. DST, 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, DST, 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 DST 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://dailystocktracker.com/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: contact@dailystocktracker.com 
        Phone number: (207)331-3313 
        Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

 

CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.

SOURCE dailystocktracker.com