Stock price performance of Meritor, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 31.12% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 44.25% . Looking at the past 52 week period, the stock price is up at 139.44% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Meritor, Inc. has a positive value of 54.09 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 9.66% and the 50-Day Moving Average is 13.41%.The 200 Day SMA reached 43.48%
Meritor, Inc. is having a Relative Strength Index of 66.49 which indicates the stock is not yet over sold or over bought based on the technical indicators. Meritor, Inc. (NYSE:MTOR) has climbed 4.33% in the past week and advanced 16.55% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.21% and the outperformance has advanced to 15.52% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Chris Villavarayan (SVP & Pres., Americas) sold 5,260 shares at 15.17 per share price.On Feb 3, 2017, Robert H. Speed (SVP & Pres., Aftmkt, CPO) sold 3,600 shares at 15.15 per share price.On Feb 3, 2017, Joseph A. Plomin (SVP & Pres., International) sold 970 shares at 15.17 per share price.
Meritor Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.19. The company had revenue of $699.00 million for the quarter, compared to analysts expectations of $717.83 million. The companys revenue was down -13.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.33 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Stifel on Jan 26, 2017 to Buy, Raises Price Target to $ 17 from a previous price target of $14 .
Meritor, Inc. (NYSE:MTOR) : On Friday heightened volatility was witnessed in Meritor, Inc. (NYSE:MTOR) which led to swings in the share price. The stock opened for trading at $15.08 and hit $15.6 on the upside , eventually ending the session at $15.42, with a gain of 2.66% or 0.4 points. The heightened volatility saw the trading volume jump to 2,186,320 shares. The 52-week high of the share price is $15.79 and the company has a market cap of $1,360 million. The 52-week low of the share price is at $5.69 .
Meritor, Inc., formerly known as ArvinMeritor, Inc., supplies drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets. The Company serves commercial truck, trailer, off-highway, defense, and specialty and aftermarket customers around the globe. It operates in three segments: Commercial Truck, Industrial, and Aftermarket & Trailer. The Company sells its products under the brand names of Meritor, Euclid, Mascot, Trucktechnic, Meritor WABCO, and Gabriel to motor carriers, OE dealers, and independent distributors. Meritor, Inc. is based in Troy, Michigan.