Stock Revamps on Eco Changes: The Manitowoc (NYSE:MTW), Fiat Chrysler Automobiles (NYSE:FCAU)

The Manitowoc Company, Inc. (NYSE:MTW) [Trend Analysis] climbed reacts as active mover, shares an increase 0.44% to traded at $6.86 and the percentage gap between open changing to regular change was 2.05%. The Manitowoc Company, Inc. (MTW) reported, for fiscal 2017, the company expects: revenue to be down approximately 8-10% year-over-year; adjusted EBITDA of approximately $41 to $59 million; and adjusted operating income to be between approximately flat to an increase of 1%.Fourth-quarter non-GAAP adjusted net loss from continuing operations was $32.6 million, or $0.23 per share, versus adjusted net income from continuing operations of $7.1 million, or $0.05 per share, in the fourth-quarter 2015.Fourth-quarter net sales were $378.2 million versus $543.1 million in the fourth-quarter 2015.

The company said the year-over-year decrease was primarily due to continued weak demand for its products in North America and the Middle East, which was partially offset by year-over-year growth in the European market, mainly due to continued strength in residential and commercial construction trends and new product introductions. The firm’s current ratio calculated as 1.80 for the most recent quarter. The firm past twelve months price to sales ratio was 0.44 and price to cash ratio remained 22.19. As far as the returns are concern, the return on equity was recorded as -41.70% and return on investment was 6.30% while its return on asset stayed at -14.10%. The firm has total debt to equity ratio measured as 0.49.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.09% to $10.98. FCA US LLC declared that its U.S. sales for the month of January 2017 were 152,218 units, an 11 percent decrease from last year’s 171,352 units.

In January, fleet sales of 42,868 units were down 31 percent year over year as FCA US continues its strategy of reducing its sales to the daily rental section. Fleet sales represented 28 percent of total FCA US sales in January. FCA US retail sales of 109,350 units were flat for the month, and represented 72 percent of total January sales. Sales of the all-new 2017 Chrysler Pacifica were up in its first month of year-over-year comparisons.

The Fiat 500 recorded a 24 percent sales increase in January compared with the same month a year ago. Sales of the Ram pickup truck surged 4 percent in January, compared with the same month in 2016. The share price of FCAU attracts active investors, as stock price of week volatility recorded 2.29%. The stock is going forward to its 52-week low with 101.47% and lagging behind from its 52-week high price with -3.00%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

Leave a Reply

Your email address will not be published. Required fields are marked *