15.66BMarket Cap6.23P/E (TTM)
10.932High10.840Low26.22KVolume10.920Open10.880Pre Close285.10KTurnover0.00%Turnover Ratio6.23P/E (Static)1.44BShares11.71852wk High0.48P/B15.66BFloat Cap6.41052wk Low0.06Dividend TTM1.44BShs Float11.717Historical High0.51%Div YieldTTM0.85%Amplitude4.245Historical Low10.873Avg Price1Lot Size
RENAULT SA UNSPON ADR EACH REPR 0.20 ORD Stock Forum
Indeed, EV market has been developing very fast over the last couple of years, there are many players in the market competing for a larger pie as a whole.
While different brands may give different values to its customers, suppose more competition will lead to thinner profit margin and probably higher R&D as well as SG&A costs.
That said, busin...
"In our opinion, it is time to increase exposure to auto stocks," UBS analyst Patrick Hummel said in an October report.
Jose Asumendi, head of European auto equity research at JPMorgan Chase, told the media on Wednesday that he and his team have been advising investors to increase their exposure to cars for a month.
Asumandi said that they are very strict in the selection of stock value. Daimler, Renault and Stellatis are some of their most promising European car companies.
Article excerpted from the US Stock Research Agency
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