NEW YORK, December 6, 2016 /PRNewswire/ --
Stock-Callers.com redirects investors' attention to four major players in the Auto Manufacturers industry, which are: Tata Motors Ltd (NYSE: TTM), Honda Motor Co. Ltd (NYSE: HMC), Ferrari N.V. (NYSE: RACE), and SORL Auto Parts Inc. (NASDAQ: SORL). As per IBISWorld's Global Car & Automobile Manufacturing global market research report released last August, rising incomes in emerging countries will buoy global auto demand. Additionally, auto manufacturers' expansion of small cars portfolios and shift in production to hybrid electric automobiles, also bodes well for future industry growth. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
On Monday, shares in Mumbai, India-based Tata Motors Ltd recorded a trading volume of 993,446 shares. The stock ended the session 0.63% higher at $32.20. The Company's shares have gained 9.31% on an YTD basis. The stock is trading 6.51% below its 200-day moving average. Moreover, shares of Tata Motors, which engages in the design, development, manufacture, assembly, sale, and export of passenger and commercial vehicles, have a Relative Strength Index (RSI) of 25.57.
On November 08th, 2016, research firm Credit Suisse upgraded the Company's stock rating from 'Neutral' to 'Outperform'. Visit us today and access our complete research report on TTM at:
Tokyo, Japan-based Honda Motor Co. Ltd's stock closed the day 0.20% higher at $29.43. A total volume of 775,576 shares was traded, which was above their three months average volume of 713,140 shares. The Company's shares have advanced 3.66% in the past month. The stock is trading 1.10% above its 50-day moving average and 5.23% above its 200-day moving average. Additionally, shares of Honda Motor, which develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide, have an RSI of 55.49.
On 25th November, 2016, Honda Motor reported that production in Japan for October 2016 was 74,490 units, a year-on-year decrease for the first time in six months (since April 2016). Production in regions outside of Japan experienced a year-on-year increase for the 3rd consecutive month (since August 2016), setting record high production for the month of October of 347,644 units. Total exports from Japan for the month of October 2016 experienced a year-on-year increase for the 16th consecutive month (since July 2015). The complimentary report on HMC can be downloaded at:
Shares in Maranello, Italy headquartered Ferrari N.V. recorded a trading volume of 699,852 shares, which was higher than their three months average volume of 444,560 shares. The stock ended yesterday's trading session 2.77% higher at $55.59. The Company's shares have advanced 10.08% in the past month, 14.22% in the previous three months, and 17.29% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.04% and 21.53%, respectively. Furthermore, shares of Ferrari, which together with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars, have an RSI of 59.43.
On November 07th, 2016, Ferrari reported that net revenues for Q3 2016 were Euro 783 million, an increase of Euro 60 million, or 8.3% from Q3 2015. The company's adjusted EBIT was Euro 172 million, up Euro 32 million, or 23% from Q3 2015 as a result of higher volumes. Ferrari's shipments totaled 1,978 units in Q3 2016, up 29 units from Q3 2015, a solid performance on top of an outstanding Q3 2015 which grew by 21% versus Q3 2014.
On November 22nd, 2016, research firm Berenberg initiated a 'Buy' rating on the Company's stock. Register for free on Stock-Callers.com and access the latest research report on RACE at:
SORL Auto Parts
Rui'an, the People's Republic of China headquartered SORL Auto Parts Inc.'s stock finished Monday's session 2.60% lower at $3.75 with a total trading volume of 146,522 shares. The Company's shares have advanced 30.21% over the previous three months and 48.22% since the start of this year. The stock is trading above its 200-day moving average by 49.55%. Additionally, shares of SORL Auto Parts, which manufactures and distributes automotive brake systems and other safety related auto parts in China, have an RSI of 37.62.
On November 14th, 2016, SORL Auto Parts reported that net sales increased by 23.0% to $61.9 million in Q3 2016 compared to $50.3 million in Q3 2015. Gross margin for Q3 2016 was 30.1%, compared to a gross margin of 28.0% for Q3 2015. Net Income attributed to stockholders rose by 55.4% to $3.2 million in Q3 2016 from $2.0 million in Q3 2015. The company's basic and diluted earnings per share were $0.17 in Q3 2016 compared to $0.11 in Q3 2015. Get free access to your research report on SORL at:
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