The company also temporarily suspended production of the Model 3 for a week in late February. The first milestone is to increase Tesla's market capitalisation to £72bn, with more stock options opening up at £36 billion intervals. Guggenheim has "Buy" rating and $430.0 target. UBS lifted their price objective on shares of Tesla to $365.00 and gave the stock a hold rating in a research note on Thursday, February 8th. Also, there are 1 buy, 1 sell and 3 strong sell ratings, collectively assigning a 2.76 average brokerage recommendation. Tesla presently has a consensus rating of "Hold" and a consensus target price of $304.44.
Tesla, Inc. (TSLA) stock gained attention from Active Investors. The stock traded on impressive volume of 7.32 Million comparing to the average volume of 7514.67 shares, completing picture of exact trends with uncompleted dots in volume over the norm. Tesla has a one year low of $244.59 and a one year high of $389.61. When beta is less/more than 1, it can be interpreted that the stock is theoretically less/more volatile than the market - something traders will surely be keeping an eye on. The company has a current ratio of 0.86, a quick ratio of 0.56 and a debt-to-equity ratio of 1.80. (NASDAQ:TSLA). Parametric Limited Liability holds 0.03% of its portfolio in Tesla, Inc.
In terms of profitability, The Company has a profit margin of -16.70%, gross margin of 18.90% and an operating of -13.90%. The company's revenue for the quarter was up 43.9% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.69) earnings per share. Sumitomo Mitsui Asset Management Company LTD raised its holdings in Tesla by 77.1% in the 4th quarter. The SEC filing shows that Field John Douglas performed a sale of 1,000 shares. (NASDAQ:TSLA) was sold by Branderiz Eric. This metric reflects the average amount a stock's price has differed from the mean over a period of time. Similar statistics are true for the second largest owner, Baillie Gifford & Co, which owns 12,902,408 shares of the stock are valued at $3.79 billion. The disclosure for this purchase can be found here. The stock has been moved at -15.30% over the last six months and 1.18% throughout last twelve months.
Indian PM Will Visit Sweden and the UK
On his part, Swedish Prime Minister Lofven lauded India as "global power" and said the two countries are a "perfect match". Earlier, PM Modi called on King Gustaf and exchanged views on strengthening bilateral cooperation across several sectors.
The MF Rank (aka the Magic Formula) is a formula that pinpoints a valuable company trading at a good price.
A number of institutional investors have recently bought and sold shares of TSLA. Steward Partners Investment Advisory LLC acquired a new position in shares of Tesla during the 3rd quarter valued at $447,000. The shares were sold at an average price of $353.50, for a total transaction of $141,753.50.
Citing information from five former members of Tesla's safety team, the report concludes that the company "put its manufacturing of electric cars above safety concerns". Parallel Advisors LLC now owns 1,438 shares of the electric vehicle producer's stock worth $454,000 after purchasing an additional 162 shares during the period. If you are accessing this news story on another website, it was illegally copied and reposted in violation of U.S. and worldwide trademark & copyright laws.