Tesla Motors, Inc.s in-depth stock price analysis indicates that the stock price has rallied 45.51% 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 22.38% . Looking at the past 52 week period, the stock price is up at 78.25% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Tesla Motors, Inc. has a negative value of -7 compared to overall market performance. Tesla Motors, Inc. (NASDAQ:TSLA) has climbed 7.12% in the past week and advanced 13.24% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 6.26% and the outperformance has advanced to 11.21% for the last 4 weeks period.
Tesla Motors, Inc. (NASDAQ:TSLA) : On Friday heightened volatility was witnessed in Tesla Motors, Inc. (NASDAQ:TSLA) which led to swings in the share price. The stock opened for trading at $269.79 and hit $270.95 on the upside , eventually ending the session at $269.23, with a gain of 0.01% or 0.03 points. The heightened volatility saw the trading volume jump to 3,619,739 shares. The 52-week high of the share price is $271.18 and the company has a market cap of $43,370 million. The 52-week low of the share price is at $141.74 .
Tesla Motors Inc Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.69. Analyst had a consensus of $0.02. The company had revenue of $2298.40 million for the quarter, compared to analysts expectations of $2316.88 million. The companys revenue was up 145.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.58 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Tesla Motors Inc was Upgraded by Morgan Stanley on Jan 19, 2017 to Overweight, Price Target of the shares are set at $305.Tesla Motors Inc was Initiated by Guggenheim on Jan 4, 2017 to Buy, Price Target of the shares are set at $280.
Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Antonio J. Gracias (director) sold 5,600 shares at 254.82 per share price.On Jan 5, 2017, Kimbal Musk (director) sold 2,500 shares at 212.85 per share price.On Dec 19, 2016, Stephen T Jurvetson (director) sold 56 shares at 202.20 per share price.
Tesla Motors, Inc. designs, manufactures, and sells electric vehicles and electric vehicle powertrain components. The Company is headquartered in Palo Alto, California.