CNH Industrial NV (NYSE:CNH) shares, rose in value on Wednesday, May 07, with the stock price down by -1.45% to the previous day’s close as strong demand from buyers drove the stock to $12.20.
Actively observing the price movement in the last trading, the stock closed the session at $12.38. The PE ratio was 14.68 over 12-month period. Referring to stock’s 52-week performance, its high was $13.86, and the low was $9.28. On the whole, CNH has fluctuated by 12.86% over the past month.
With the market capitalization of CNH Industrial NV currently standing at about $15.23 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.47, with its dividend yield at 3.85%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 17.07B, with a low estimate of 4.42B and a high estimate of 4.53B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.47B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CNH’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 75% 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 10.72, with the price of CNH currently trading nearly 4.53% and 0.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.82, while the 7-day volatility ratio is showing 3.10% which for the 30-day chart, stands at 4.32%. Furthermore, CNH Industrial NV (CNH)’s beta value is 1.54, and its average true range (ATR) is 0.46.
A comparison of CNH Industrial NV (CNH) with its peers suggests the former has fared considerably weaker in the market. CNH showed an intraday change of -1.45% in last session, and over the past year, it grew by 6.27%%.
Data on historical trading for CNH Industrial NV (NYSE:CNH) indicates that the trading volumes over the past 3 months, they’ve averaged 19.00 million. According to company’s latest data on outstanding shares, there are 1.25 billion shares outstanding.
Nearly 35.25% of CNH Industrial NV’s shares belong to company insiders and institutional investors own 76.96% of the company’s shares. The stock has risen by 7.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CNH stock heading into the next quarter.
