Tata Motors Limited (NYSE:TTM) finished Wednesday with an addition of $2.52 to close at $34.20, an upside of 7.95 percent. An average of 5,184,920 shares of common stock have been traded in the last five days. There was a gain of $11.86 in the past week. The last 20 days have seen an average of 2,553,365 shares traded, while the 50-day average volume stands at 1,784,966.
TTM stock has increased by 66.42% in the last month. The company shares reached their 1-month lowest point of $19.67 on 09/20/21. With the stock rallying to its 52-week high on 10/13/21, shares of the company touched a low of $8.57 and a high of $32.00 in 52 weeks. In spite of this, the price is up 6.88% from the 52-week high.
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Tata Motors Limited (TTM) has a trailing price-to-earnings (P/E) ratio of 15.45 for the broader industry and 31.09 for the sector. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.01, the price-to-book (PB) ratio at 0.04.
The company’s most recent quarterly dividend payment was $0.0120 a share.
On the profitability front, the trailing 12-month gross margin 5-year average of 31.6%. Tata Motors Limited’s EBITDA margin is 12.27%. Its gross profit as reported stood at $12.29 billion compared to revenue of $33.94 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. Tata Motors Limited’s return on assets was -2.6% over the last five years. For the broader industry, ROE averaged 10.14 over the past year.
From a technical analysis perspective, let’s take a brief look at Tata Motors Limited (TTM) price momentum. RSI 9-day as of the close on 13 October was 91.99%, suggesting the stock is Overbought, with historical volatility in this time frame at 78.34%.
As of today, TTM’s price is $29.21 +53.09% or $11.86 from its 5-day moving average. TTM is currently trading +62.01% higher than its 20-day SMA and +60.56% higher than its 100-day SMA. However, the stock’s current price level is +66.34% above the SMA50 and +173.60% above the SMA200.
The stochastic %K and %D were 96.91% and 97.33%, respectively, and the average true range (ATR) was 1.51. With the 14-day stochastic at 98.44% and the average true range at 1.21, the RSI (14) stands at 88.39%. The stock has reached 4.98 on the 9-day MACD Oscillator while the 14-day reading was at 6.43.
Morgan Stanley upgraded Tata Motors Limited (NYSE: TTM) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as a an Equal-weight.The consensus rating for Tata Motors Limited (TTM) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell TTM, while 8 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 20 others rate it as a “buy”.
What is TTM’s price target for the next 12 months?
Analysts predict a range of price targets between $10.75 and $42.78, with a median target of $30.01. Taking a look at these predictions, the average price target given by analysts for Tata Motors Limited (TTM) stock is $28.76.