Ally Financial Inc.s in-depth stock price analysis indicates that the stock price has rallied 17.41% 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 15.63% . Looking at the past 52 week period, the stock price is up at 39.47% . 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 Ally Financial Inc. has a positive value of 1.6 compared to overall market. Ally Financial Inc. (NYSE:ALLY) has climbed 0.35% in the past week and advanced 14.35% in the last 4 weeks. The stocks have underperformed the S&P 500 by 0.46% during the past week but Ally Financial Inc. (NYSE:ALLY) it has outperformed the index in 4 weeks by 12.3%.
Ally Financial Inc. (NYSE:ALLY) : On Friday heightened volatility was witnessed in Ally Financial Inc. (NYSE:ALLY) which led to swings in the share price. The stock opened for trading at $22.83 and hit $22.8799 on the upside , eventually ending the session at $22.79, with a gain of 0.22% or 0.05 points. The heightened volatility saw the trading volume jump to 4,927,207 shares. The 52-week high of the share price is $22.8799 and the company has a market cap of $10,643 million. The 52-week low of the share price is at $14.84 .
Ally Financial Inc Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.54 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.48. The company had revenue of $1383.00 million for the quarter, compared to analysts expectations of $1355.88 million. The companys revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Ally Financial Inc was Initiated by Susquehanna to Positive on Jan 23, 2017. Company shares were Reiterated by Barclays on Jan 3, 2017 to Overweight, Raises Price Target to $ 24 from a previous price target of $23 .Ally Financial Inc was Resumed by Morgan Stanley to Equal-Weight on Dec 20, 2016.
Company has reported several Insider transactions to the SEC, on May 5, 2016, Marjorie Magner (director) purchased 1,000 shares at 16.72 per share price.On May 4, 2016, Jeffrey Jonathan Brown (CEO) purchased 12,000 shares at 16.81 per share price.On May 4, 2016, Christopher A Halmy (CFO) purchased 6,000 shares at 16.90 per share price.
Ally Financial Inc. is an automotive financial services company. Its automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. The company, through its subsidiary, Ally Bank, offers savings and money market accounts, certificates of deposit, interest-bearing checking accounts, and individual retirement accounts; and online and mobile banking, electronic bill pay, remote deposits, electronic funds transfer, and ATM fee reimbursement services. Ally Financial Inc. is based in Detroit, Michigan.