16.98BMarket Cap6.72P/E (TTM)
11.640High11.470Low12.89KVolume11.570Open11.620Pre Close149.01KTurnover0.00%Turnover Ratio6.72P/E (Static)1.46BShares11.69052wk High0.53P/B16.98BFloat Cap6.41352wk Low0.06Dividend TTM1.46BShs Float11.690Historical High0.47%Div YieldTTM1.46%Amplitude4.247Historical Low11.562Avg 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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