Reasons why Stellantis N.V’s (NYSE:STLA) fundamentals are futile

In yesterday’s Wall Street session, Stellantis N.V (NYSE:STLA) shares traded at $15.19, up 0.80% from the previous session.

STLA stock price is now -11.72% away from the 50-day moving average and -31.27% away from the 200-day moving average. The market capitalization of the company currently stands at $43.80B.

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, while ‘Nomura’ rates the stock as ‘Buy’

In other news, Stellantis N.V., 10% Owner bought 2,982,089 shares of the company’s stock on Aug 08 ’24. The stock was bought for $9,989,998 at an average price of $3.35. Upon completion of the transaction, the 10% Owner now directly owns 59,734,962 shares in the company, valued at $907.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 01 ’24, 10% Owner Stellantis N.V. bought 17,401,153 shares of the business’s stock. A total of $54,999,824 was incurred on buying the stock at an average price of $3.16. This leaves the insider owning 56,752,873 shares of the company worth $862.08 million. A total of 31.38% of the company’s stock is owned by insiders.

During the past 12 months, Stellantis N.V has had a low of $14.76 and a high of $29.51. As of last week, the company has a debt-to-equity ratio of 0.39, a current ratio of 1.14, and a quick ratio of 0.85. The fifty day moving average price for STLA is $17.1194 and a two-hundred day moving average price translates $22.07425 for the stock.

The latest earnings results from Stellantis N.V (NYSE: STLA) was released for 2024-06-30. The net profit margin was 7.55% and return on equity was 16.79% for STLA.

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