US Nasdaq stock alert
CLOSING UPDATE: Tesla increased further 0.8% on firm volume 24 July 2017 17:53 EDT
NEWS BITES - NORTH AMERICA
This is an end of day Alert, produced after today's NASDAQ market close. It concludes the BSS News Bites intra-day Alert series (summaries below).
Tesla, NASDAQ's largest auto company by market capitalisation, traded on heavy volume of 1.3 times average today while the price climbed $US14.12 (or 4.3%) to trade at $US342.52. Compared with the NASDAQ-100 Index which rose 9.5 points (or 0.2%) in the day, this represented a relative price increase of 4.1%.
Technical indicators complementing today's significant uptrend:
+ The stock has outperformed 86% of the NASDAQ market over the past 6 months.
+ In the last three months the stock has hit a new 52-week high sixteen times, pointing to a significant uptrend.
+ The present value of USD1,000 invested one year ago is $US1,541 [vs $US1,273 for the NASDAQ-100 Index].
Tesla today is at a discount of 11.5% to the 12-month high of $US386.99 on 23 Jun, 2017. It is at a premium of 92.2% to the 12-month low of $US178.19 on 14 Nov, 2016.
The negative 5.24 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.
The price plummeted 10.5% in the last month.
Tobin's Q Ratio is 2.5. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.
Fundamental measures by comparison with the sector average [in brackets] indicate:
Price/Sales of 6.6 [2.4]
Price to Book of 12.8 [7.2]
Afternoon Alert: Tesla lifts 3.4% on robust volume
24 July 2017 13:30 EDT
Tesla, Inc. (NASDAQ:TSLA) traded on heavy volume of 1.5 times average so far today while the price lifted $US11.29 (or 3.4%) to trade at $US339.69.
Morning Alert: Tesla lifts 3.2% on firm volume
24 July 2017 11:01 EDT
Tesla, Inc. (NASDAQ:TSLA) traded on heavy volume of 1.3 times average so far today while the price lifted $US10.44 (or 3.2%) to trade at $US338.84.
CLOSING UPDATE: Tesla recovers 0.2% - underperforming 94% of stocks
21 July 2017 17:53 EDT
Tesla, NASDAQ's largest auto company by market capitalisation, has decreased $US1.52 (or 0.5%) today to trade at $US328.40 and has underperformed 94% of the market in the past month. Compared with the NASDAQ-100 Index which rose 0.3 points (or 0.01%) in the day, this represented a relative price change of -0.5%.
Morning Alert: Tesla decreases 0.6% - underperforming 94% of stocks
21 July 2017 11:08 EDT
Tesla, Inc. (NASDAQ:TSLA) has decreased $US2.13 (or 0.6%) today to trade at $US327.79 and has underperformed 94% of the market in the past month.
Tesla, Inc. (O:TSLA)