Dongfeng denies making bid for Fiat Chrysler

Dongfeng denies making bid for Fiat Chrysler

Dongfeng denies making bid for Fiat Chrysler

The value of the investment in Fiat Chrysler Automobiles N.V. increased from $307,000 to $16,909,000 a change of 5,407.8% quarter over quarter. Cetera Investment Advisers now owns 14,074 shares worth $148,000. Freestone Capital Holdings, LLC owns 511,096 shares worth $5,434,000.

Those comments sent FCA shares higher - but also raised questions over the ability of China's seventh-largest automaker by sales to buy larger Western rival FCA, or even Jeep, which some analysts value at as much as one-and-a-half times FCA.

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Company shares last traded at $13.47 well above the 50 day moving average which is $11.91 and significantly above the 200 day moving average of $11.10. The company now has a P/E ratio of 6.23 and the market cap of the company is 20.71B. Fiat Chrysler Automobiles N.V. (FCAU) has made its way to a 12-month gain of 100.75%.

Is Fiat Chrysler (FCA) playing hard ball?

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The company is now up by 0.22 percent from yesterday's close. The company had revenue of $27.93 billion during the quarter, compared to analyst estimates of $29.24 billion. At present, the Gross Margin for Fiat Chrysler Automobiles N.V. FCAU Auto Manufacturers - Major is moving around at *tba alongside a Profit Margin of *tba. The growth for the next year comes down to 10.50%, and its growth for the last five years shows at 51.94%. During the same period in the prior year, the firm posted $0.45 EPS. Breaking that down further, it has performed -2.63% for the week, -14.25% for the month, 2.78% over the last quarter, 57.45% for the past half-year and 25.42% for this a year ago.

COPYRIGHT VIOLATION NOTICE: This article was first posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. A recent bid put the stock price near $14.20. BidaskClub raised shares of Fiat Chrysler Automobiles NV from a "sell" rating to a "hold" rating in a report on Friday, June 23rd. The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.30.

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We see here that the stock is -4.58% away from the 20-Day Simple Moving Average. The conglomerate's brands include not just Fiat and Chrysler, but Alfa Romero, Maserati, Dodge, Ram and Jeep among others.

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Photo by Julian Finney/Getty Images "I said, 'Yes, it is nice.' Of course it is nice, but you can't do that". You can't say I was late or whatever.

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