Does $11.77 justifies Fiat Chrysler Automobiles NV (FCAU) shares?

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Citigroup Inc now holds 1,518,500 shares valued at $16,142,000. FormulaFolio Investments LLC bought a new stake in shares of Fiat Chrysler Automobiles N.V. during the first quarter worth $114,000. (NYSE FCAU) traded down 0.93% during midday trading on Wednesday, reaching $11.77.

In July 2017, Fiat Chrysler's U.S. 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 has a 50 day moving average price of $11.55 and a 200 day moving average price of $11.01.

The stock volatility for week was 1.11% while for month was 1.52%.The stock, as of last close, traded 94.55% to its 52 week low and was changed -3.29% from its 52 week high. Fiat Chrysler Automobiles N.V. has a 12 month low of $6.05 and a 12 month high of $12.17. Fiat Chrysler Automobiles N.V.

Another critical number in evaluating a stock is P/E or Price to Earnings ratio.

Now the shares of Fiat Chrysler Automobiles N.V. (FCAU) has the trading volume of 5.78 Million shares with the average trading volume of 4290 shares. FMR LLC raised its stake in shares of Fiat Chrysler Automobiles N.V.by 88.3% in the first quarter.

Fiat Chrysler Automobiles N.V. had a net margin of 2.51% and a return on equity of 15.69%. (NYSE:FCAU) last posted its quarterly earnings results on Thursday, July 27th. The company had revenue of $27.93 billion during the quarter, compared to analyst estimates of $29.24 billion. Next quarter's EPS is forecasted at $0.72 and the next full year EPS is projected to be $2.86. During the same quarter in the prior year, the business posted $0.45 earnings per share. If you are accessing this piece on another website, it was illegally copied and republished in violation of global copyright & trademark laws. The correct version of this story can be read at https://www.chaffeybreeze.com/2017/08/09/greenleaf-trust-raises-position-in-fiat-chrysler-automobiles-n-v-fcau-updated.html. Goldman Sachs Group, Inc. (The) set a €20.10 ($23.65) target price on Fiat Chrysler Automobiles NV and gave the company a "buy" rating in a research note on Monday, May 29th.

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.

The share of Fiat Chrysler Automobiles N.V. (FCAU) now has a value of $11.77 while the company's 52 week low is at $6.05, the shares dropped to the 52 week low on 09/27/16. Macquarie set a €8.50 ($10.00) price target on Fiat Chrysler Automobiles NV and gave the company a "sell" rating in a report on Friday, July 28th. The stock now has an average rating of "Hold" and an average target price of $12.55.

Fiat Chrysler Automobiles N.V. (FCAU) ended its day with loss -0.93% and finalized at the price of $11.77. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock.

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