Fiat Chrysler Automobiles NV (FCAU) Position Increased by Dalal Street, LLC

Ferrari reported strong second quarter earnings last week and released plans to expand its fleet of luxury vehicles

The value of the company's investment in Fiat Chrysler Automobiles N.V. increased from $4,905,000 to $5,042,000 a change of 2.8% quarter over quarter.

Now the shares of Fiat Chrysler Automobiles N.V. (FCAU) has the trading volume of 5.78 Million shares with the average trading volume of 4290 shares.

Other institutional investors have also added to or reduced their stakes in the company. Fiat Chrysler Automobiles N.V. (FCAU)'s RSI (Relative Strength Index) is 50.98.

Fiat Chrysler Automobiles' (FCAU) total U.S. sales dropped to 161,477 vehicles in July 2017. US Bancorp DE now owns 10,892 shares of the company's stock valued at $120,000 after buying an additional 589 shares in the last quarter. Guggenheim Capital LLC raised its stake in Fiat Chrysler Automobiles N.V.by 143.2% in the fourth quarter. Wetherby Asset Management Inc. now owns 28,427 shares of the company's stock worth $311,000 after buying an additional 1,412 shares during the last quarter. FMR LLC increased its stake in Fiat Chrysler Automobiles N.V.by 88.3% in the first quarter. (NYSE:VER) tumbled -1.159% in morning trade Wednesday. AQR Capital Management LLC now owns 31,563,111 shares of the company's stock worth $346,023,000 after buying an additional 11,450,245 shares during the period.

The P/E ratio is now 5.34 and the market cap of the company is 17.82B. Fiat Chrysler Automobiles N.V. has a 1-year low of $6.05 and a 1-year high of $12.17. Zooming out to the 200-day moving average, shares have been seen trading 50.41% away from that value.

Taking a deeper look into the technical levels of Fiat Chrysler Automobiles NV (FCAU), we can see that the Williams Percent Range or 14 day Williams %R now sits at -89.06.

Ferrari reported strong second quarter earnings last week and released plans to expand its fleet of luxury vehicles, possibly to include a roomier four-seater to its line of high-performance sports cars. Fiat Chrysler Automobiles N.V. The firm had revenue of $27.93 billion for the quarter, compared to analyst estimates of $29.24 billion. During the same quarter in the prior year, the business posted $0.45 earnings per share. The firm's revenue was up.1% on a year-over-year basis. On average, analysts expect that Fiat Chrysler Automobiles N.V. will post $2.59 EPS for the current year.

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A number of brokerages have commented on FCAU. UBS AG set a €11.00 ($12.94) target price on Fiat Chrysler Automobiles NV and gave the company a "neutral" rating in a research report on Monday, July 10th. Zacks Investment Research lowered Fiat Chrysler Automobiles N.V. from a "buy" rating to a "hold" rating in a research report on Tuesday, June 20th.

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