Large Outflow of Money Witnessed in Fiat Chrysler Automobiles N.V.

Shares of Fiat Chrysler Automobiles N.V. (FCAU) traded 0.05 points or 0.45% higher at $11.04.The total intraday money flow for the shares came in at a disappointing $(-1.42) million. The total upticks amounted to $0.5 million and the total downticks were approximately $1.92 million, with the up/down ratio of 0.26. On a different note, the shares have seen -0.36% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $1.39 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-1.39) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) witnessed a decline in the market cap on Wednesday as its shares dropped 0.09% or 0.01 points. After the session commenced at $11.04, the stock reached the higher end at $11.08 while it hit a low of $10.8. With the volume soaring to 9,160,485 shares, the last trade was called at $10.98. The company has a 52-week high of $11.32. The company has a market cap of $18,644 million and there are 1,698,017,900 shares in outstanding. The 52-week low of the share price is $5.45.

Fiat Chrysler Automobiles NV Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.36 EPS for the quarter, missing the analyst consensus estimate by $ -0.05. Analyst had a consensus of $0.41. The company had revenue of $29719.00 million for the quarter, compared to analysts expectations of $29627.94 million. The companys revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Fiat Chrysler Automobiles NV was Initiated by Macquarie to Underperform on Dec 1, 2016. Fiat Chrysler Automobiles NV was Initiated by Berenberg to Hold on Nov 22, 2016.

Fiat Chrysler Automobiles NV operates as an international automotive company. It is engaged in designing, engineering, manufacturing, distributing and selling vehicles and components and production systems. The Company operates under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands. It also produces metallurgical products and production systems for the automobile industry, and owns publishing and insurance companies. Fiat Chrysler Automobiles NV is based in United Kingdom.

Fiat

Share this post

Leave a Reply