Delphi Automotive plc (DLPH) has been under a strong bear grip, hence the stock is down -4.83% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.11% in the past 1 week. The stock has risen by 2.08% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.46% in the past 4 weeks.
Delphi Automotive PLC has dropped 1.74% during the last 3-month period . Year-to-Date the stock performance stands at -22.79%. The stock has recorded a 20-day Moving Average of 1.02% and the 50-Day Moving Average is 0.41%.
Delphi Automotive plc (NYSE:DLPH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $64.76 and $64.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $65.41. The buying momentum continued till the end and the stock did not give up its gains. It closed at $65.31, notching a gain of 0.37% for the day. The total traded volume was 2,439,485 . The stock had closed at $65.07 on the previous day.
Also, Seaport Global initiates coverage on Delphi Automotive plc (NYSE:DLPH). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm announces the price target at $77 per share. The rating by the firm was issued on August 9, 2016.
Delphi Automotive PLC is a vehicle components manufacturer. The Company provides electrical and electronic, powertrain and safety solutions to the automotive and commercial vehicle markets. The Company operates through three segments: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. The Companys Electrical/Electronic Architecture segment provides design of the vehicles electrical architecture, including connectors, wiring assemblies and harnesses, electrical centers and hybrid high voltage, among others. Its Powertrain Systems segment provides systems integration of gasoline and diesel engine management systems. Its Electronics and Safety segment provides components, systems and software for passenger safety, security, and infotainment, as well as vehicle operation, including body controls, reception systems, infotainment and connectivity systems, hybrid vehicle power electronics, passive and active safety electronics, displays and mechatronics.