Fiat Chrysler Automobiles (NYSE:FCAU)- Active Wrathful Watching Stock: U.S. Concrete (NASDAQ:USCR)

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) [Trend Analysis] knocking active thrust in leading trading session, shares an increase of 1.45% to 9.82 with around 1.39 Million shares have changed hands in this session. FCA US LLC reported that U.S. sales of 192,519 units in December 2016, a 10 percent decrease from last year’s 213,923 units. Chrysler brand sales were down 32 percent in December compared with the same month a year ago.

However, sales of the all-new 2017 Chrysler Pacifica minivan posted an 18 percent sales increase compared with the previous month of November. FIAT brand sales, which include the Fiat 500, Fiat 500L, Fiat 500X and Fiat 124 Spider, were down 54 percent in December. The stock is going forward its fifty-two week low with 80.09% and lagging behind from its 52-week high price with 1.29%.

Similar, the positive performance for the quarter recorded as 51.01% and for the year was 6.73%, while the YTD performance remained at 6.14%. FCAU has Average True Range for 14 days of 0.21.

U.S. Concrete, Inc. (NASDAQ:USCR) [Trend Analysis] retains strong position in active trade, as shares scoring -0.84% to $64.70 in a active trade session, while looking at the shares volume, around 47529 shares have changed hands in this session. U.S. Concrete, Inc. (NASDAQ:USCR) declared that it has priced an offering of $200 million aggregate principal amount of its 6.375% Senior Notes due 2024 at an issue price of 105.75% of the aggregate principal amount of the Notes plus accrued interest from and including December 1, 2016. The Notes will mature on June 1, 2024, unless redeemed in accordance with their terms prior to such date.

The Notes will be senior unsecured obligations of the Company and will be guaranteed on a senior unsecured basis by the Company’s existing and future restricted subsidiaries that guarantee obligations under its senior secured asset-based revolving credit facility or that guarantee certain of its other indebtedness or certain indebtedness of its restricted subsidiaries. The Company intends to use the net proceeds from this offering for general corporate purposes, including funding the purchase price of future acquisitions to expand its business. The firm has institutional ownership of 96.70%, while insider ownership included 5.50%. USCR attains analyst recommendation of 1.30 with week’s performance of -3.19%. Investors looking further ahead will note that the Price to next year’s EPS is 39.59%.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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