BorgWarner Inc (NYSE:BWA) price closed lower on Tuesday, April 16, dropping -2.08% below its previous close.
A look at the daily price movement shows that the last close reads $33.13. The company’s P/E ratio in the trailing 12-month period read 12.16. Taking into account the 52-week price action we note that the stock hit a 52-week high of $47.05 and 52-week low of $29.51. The stock added 1.00% on its value in the past month.
BorgWarner Inc, which has a market valuation of $7.49 billion. The company stock has a Forward Dividend ratio of 0.50, while the dividend yield is 1.54%. 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 BWA a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.05. The overview shows that BWA’s price is at present -4.55% off the SMA20 and -0.50% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 40.07, with weekly volatility standing at 2.51%. The indicator jumps to 2.22% when calculated based on the past 30 days. BorgWarner Inc (NYSE:BWA)’s beta value is holding at 1.30, while the average true range (ATR) indicator is currently reading 0.83.
An analysis of the BorgWarner Inc (NYSE:BWA) stock in terms of its daily trading volume indicates that the 3-month average is 2.95 million.
Current records show that the company has 229.78M in outstanding shares. The insiders’ percentage holdings are 0.75% of outstanding shares while the percentage share held by institutions stands at 97.95%. But the -9.51% downside, 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.
