Tata Motors Limited (NYSE:TTM) currently has a daily average trading volume of 737.38K but it saw 364817 shares traded on Wednesday. With a market cap of 18.78B USD, stock’s current market price of $25.92 came falling about -0.08 while comparing to the previous closing price of $25.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $35.08 and as low as $22.92. In the recent trading on the day, stock has struck highest price mark of $25.93 while lowest mark touched by it was $25.67.
Taking a look at 20-day trading activity of Tata Motors Limited (TTM) gives us an average price of $26.00, while its current price level is -26.11% below from 52-week high level whereas it is 13.09% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $25.28 while that of 200 days or SMA-200 reads an average of $27.51. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.20% during that period while stretching the period over a month that increases to 1.97%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.32 which implies that the stock is in neutral territory.
Tata Motors Limited (TTM)’s stock is currently under the radar of 33 analysts who are in consensus at a 12-month price target range of between $21.39 and $47.10 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $21.39 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $47.10. Average price target assigned by them is $37.62 which highlights an upside potential of 31.1% for the stock over that period. And to attain the median price target of $40.10 assigned by those analysts, stock has to add about 35.36% of value to its current levels.
Data by FactSet Research shows that 33 analysts have issued their ratings for the stock. 4 of them are in opinions that stock is a Sell, while 2 are advising it as an Overweight. 22 analysts suggested the investors to Buy the stock while 4 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, TTM’s stock price is moving 0.27% up while it is 6.36% when we observe its performance for the past one month. Year-to-date it is -19.23% down and over the past year, the stock is showing a downside performance of -21.07%.
Currently, Tata Motors Limited’s total number of outstanding shares is 664.25M with 0.00% of that held by the insiders while 4.76% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -4.80%. It has a price to earnings ratio (P/E ratio) of 7.27. Stock’s beta reads 1.69. Stock has a price to book (P/B) ratio of 0.04 while price to sale or P/S ratio amounts to 0.59.
A filing at the U.S. Securities and Exchange Commission revealed that Baillie Gifford Overseas Growth F came shrinking its share ownership by -3.89% in the Tata Motors Limited (TTM) decreasing its stake to 0.33% with control over 89020.0 shares in the company. As per SEC documents, Baillie Gifford Overseas Growth F shunned 2,197,819 of company’s common stock of worth $54.97 million as per recent closing price of the stock. Baillie Gifford Overseas Growth F is not the only institutional holder which restructured its stake in Tata Motors Limited, as Vanguard Total International Stoc dumped 845,187 shares of worth $21.14 million to bring its holdings to a total of 53733.0 shares.