Fiat Chrysler Automobiles N.V. (NYSE:FCAU) [Trend Analysis] regains street interests, as shares increased 0.43% on Thursday and it traded at $7.05. The 52-week high of the share price is -57.58% and 52-week low of the share price is 21.97%. Fiat Chrysler Automobiles reported that it will recall 506,420 of its popular Jeep Wrangler SUVs because off-road driving may cause the driver-side air bag not to open in a crash. Fiat Chrysler is not aware of any injuries or crashes related to the issue, the company said in a statement on its North American website.
A clockspring located in the steering wheel that forms part of the circuit that helps control air bag function can, if driven off-road extensively or with the Wrangler’s top or doors removed, keep the driver-side air bag from deploying in a crash, the company said. The Wrangler is marketed as a rugged off-road vehicle.
This is an important indicator as a higher ratio typically suggests that investors are investing more confidently as compared to companies in the same industry has lower ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 531.80%. Investors looking further ahead will note that the Price to next year’s EPS is 22.30%.
Noting a main crunch of analyst research by WSJ, FCAU under observation of quarterly per share earnings, it has second quarter 2016 trend of $0.40, while in next quarter estimated EPS trend is $0.34 and for annual basis for 2016 estimated EPS is $1.38.
Relatively pool of WSJ analyst issues diverse rating, as for current level it has 12 experts rated as “BUY” security, 1 analyst recommend as “Overweight,” and 7 experts rated as “Hold”.
As for as concerns shares volumes, in share capital Fiat Chrysler Automobiles N.V. (NYSE:FCAU) has 1290 million outstanding shares among them 1250 million shares have been floated in market exchange.
The stock showed weekly upbeat performance of -7.24%, which maintained for the month at -12.31%. Likewise the positive performance for the quarter recorded as 9.47% and for the year was -54.81%, while the YTD performance remained at -49.61%.