Stellantis N.V (NYSE:STLA) shares, rose in value, with the stock price down by -1.74% to the previous day’s close as strong demand from buyers drove the stock to $26.58.
Actively observing the price movement in the last trading, the stock closed the session at $27.05. The value of beta (5-year monthly) was 1.31 whereas the PE ratio was 4.15 over 12-month period. Referring to stock’s 52-week performance, its high was $29.51, and the low was $15.07. On the whole, STLA has fluctuated by -0.78% over the past month.
The company’s Forward Dividend Ratio is 1.48, with its dividend yield at 5.56%.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that STLA’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of STLA currently trading nearly -5.87% and 2.94% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.11, while the 7-day volatility ratio is showing 1.79% which for the 30-day chart, stands at 1.43%. Furthermore, Stellantis N.V (STLA)’s beta value is 1.62, and its average true range (ATR) is 0.56.
A comparison of Stellantis N.V (STLA) with its peers suggests the former has fared considerably weaker in the market. STLA showed an intraday change of -1.74% in last session, and over the past year, it grew by 46.29%%.
Data on historical trading for Stellantis N.V (NYSE:STLA) indicates that the trading volumes over the past 10 days have averaged 4.88 million and over the past 3 months, they’ve averaged 5.53 million. According to company’s latest data on outstanding shares, there are 3.02 billion shares outstanding.
Nearly 28.00% of Stellantis N.V’s shares belong to company insiders and institutional investors own 29.58% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 16.87 million shares as on Mar 15, 2024, resulting in a short ratio of 2.89. According to the data, the short interest in Stellantis N.V (STLA) stood at 0.56% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 18.17 million. The stock has risen by 13.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the STLA stock heading into the next quarter.
