Stocks of Stellantis N.V (NYSE:STLA) traded higher last session on Wall Street, up 0.68% to $20.73.
STLA stock price is now -8.14% away from the 50-day moving average and -8.34% away from the 200-day moving average. The market capitalization of the company currently stands at $59.57B.
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On March 15, 2024, Piper Sandler recently initiated its ‘Overweight’ rating on the stock quoting a target price of $39, while ‘Nomura’ rates the stock as ‘Neutral’
In other news, Stellantis N.V., 10% Owner bought 750,000 shares of the company’s stock on Mar 15 ’24. The stock was bought for $3,894,053 at an average price of $5.19. Upon completion of the transaction, the 10% Owner now directly owns 39,351,720 shares in the company, valued at $815.76 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’24, 10% Owner Stellantis N.V. bought 750,000 shares of the business’s stock. A total of $3,743,249 was incurred on buying the stock at an average price of $4.99. This leaves the insider owning 38,601,720 shares of the company worth $800.21 million. A total of 30.85% of the company’s stock is owned by insiders.
During the past 12 months, Stellantis N.V has had a low of $16.51 and a high of $29.51. As of last week, the company has a debt-to-equity ratio of 0.36, a current ratio of 1.24, and a quick ratio of 0.95. The fifty day moving average price for STLA is $22.4572 and a two-hundred day moving average price translates $22.62795 for the stock.
The latest earnings results from Stellantis N.V (NYSE: STLA) was released for 2023-12-31. The net profit margin was 9.81% and return on equity was 24.06% for STLA.
