CNH Industrial NV (NYSE:CNHI) shares, rose in value, with the stock price down by -1.55% to the previous day’s close as strong demand from buyers drove the stock to $11.40.
Actively observing the price movement in the last trading, the stock closed the session at $11.58. The PE ratio was 6.49 over 12-month period. Referring to stock’s 52-week performance, its high was $15.74, and the low was $9.77. On the whole, CNHI has fluctuated by -8.95% over the past month.
The company’s Forward Dividend Ratio is 0.40, with its dividend yield at 3.48%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 21.14B, with a low estimate of 3.75B and a high estimate of 5.23B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.32B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CNHI’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 Hold while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.88, with the price of CNHI currently trading nearly -9.74% and -7.67% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.01, while the 7-day volatility ratio is showing 3.08% which for the 30-day chart, stands at 2.59%. Furthermore, CNH Industrial NV (CNHI)’s beta value is 1.66, and its average true range (ATR) is 0.36.
A comparison of CNH Industrial NV (CNHI) with its peers suggests the former has fared considerably weaker in the market. CNHI showed an intraday change of -1.55% in last session, and over the past year, it shrunk by -19.26%%.
Data on historical trading for CNH Industrial NV (NYSE:CNHI) indicates that the trading volumes over the past 3 months, they’ve averaged 11.45 million. According to company’s latest data on outstanding shares, there are 1.29 billion shares outstanding.
Nearly 34.63% of CNH Industrial NV’s shares belong to company insiders and institutional investors own 63.31% of the company’s shares. The stock has fallen by -6.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CNHI stock heading into the next quarter.
