CNH Industrial N.V. (NYSE:CNHI) has climbed 1.5% in the past week and advanced 11.69% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.72% and the outperformance has advanced to 10.68% for the last 4 weeks period.
CNH Industrial N.V. (NYSE:CNHI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $7.28 and $7.26 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $7.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $7.45, notching a gain of 5.37% for the day. The total traded volume was 2,362,338 . The stock had closed at $7.07 on the previous day.
The company shares have dropped -21.41% from its 1 Year high price. On Jul 10, 2015, the shares registered one year high at $9.72 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $7.19 and the 200 Day Moving Average price is recorded at $6.80.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Bank of America, upgrades their rating on the shares of CNH Industrial N.V. (NYSE:CNHI). Bank of America has a Buy rating on the shares. Previously, the analysts had a Neutral rating on the shares. As per the latest research report, the brokerage house raises the price target to $8 per share from a prior target of $7. The rating by the firm was issued on April 18, 2016. Institutional Investors own 23.14% of CNH Industrial N.V. shares.
CNH Industrial NV is a Netherlands-based company primarily engaged in the manufacture of heavy machinery and vehicles equipment. It divides its activities into four main businesses. The Agricultural Equipment offers agricultural equipment under the New Holland Agriculture, Case IH brands and the Steyr brand. The Construction Equipment produces excavators, bulldozers, backhoes, compactors and other construction equipment under the New Holland Construction and Case Construction Equipment brands. The Trucks & Commercial Vehicles manufactures trucks and a commercial vehicles, including buses, coaches and special vehicles under Iveco, Iveco Bus and Heuliez Bus brands, as well as it produces quarry and mining equipment through Iveco Astra, and fire fighting vehicles through the Iveco Magirus brand. The Powertrain offers transmission systems, engines for marine application and power generation through FPT Industrial brand.