CNH Industrial NV (NYSE:CNHI) price closed lower on Tuesday, April 16, dropping -1.18% below its previous close.
A look at the daily price movement shows that the last close reads $12.70. The company’s P/E ratio in the trailing 12-month period read 7.14. Taking into account the 52-week price action we note that the stock hit a 52-week high of $15.74 and 52-week low of $9.77. The stock added 1.70% on its value in the past month.
CNH Industrial NV, which has a market valuation of $15.77 billion. The company stock has a Forward Dividend ratio of 0.40, while the dividend yield is 3.16%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give CNHI a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.97. The overview shows that CNHI’s price is at present -1.75% off the SMA20 and 1.51% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 48.04, with weekly volatility standing at 2.64%. The indicator jumps to 2.32% when calculated based on the past 30 days. CNH Industrial NV (NYSE:CNHI)’s beta value is holding at 1.64, while the average true range (ATR) indicator is currently reading 0.32.
An analysis of the CNH Industrial NV (NYSE:CNHI) stock in terms of its daily trading volume indicates that the 3-month average is 11.29 million.
Current records show that the company has 1.29B in outstanding shares. The insiders’ percentage holdings are 34.63% of outstanding shares while the percentage share held by institutions stands at 63.20%. But the 3.04% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
