Lookout for price to sales ratio Index- Tesla, Inc. (NASDAQ:TSLA) Mercedes EVs ranked worst in annual reliability survey by Consumer Reports

On Tuesday, Shares of Tesla, Inc. (NASDAQ:TSLA) reached at $197.94 price level during last trade its distance from 20 days simple moving average was -6.02%, and its distance from 50 days simple moving average was -19.04% while it has a distance of -27.22% from the 200 days simple moving average. Electric vehicles (EVs) and full-size pick-up trucks from Tesla Inc, Mercedes-Benz and other brands were among the least reliable vehicles in the United States, Consumer Reports magazine’s annual reliability survey showed on Tuesday.

Although those categories enjoy the hottest demand in the market, they are the “most problematic”, the nonprofit organization that evaluates products and services said.

The report flagged a growing interest in hybrid vehicles, with 36% of prospective buyers considering one for their next car or truck purchase.

Tesla, the world’s most valuable automaker, climbed by four spots and was ranked 19th out of the 24 brands. The EV leader continues to have issues with body hardware, steering/suspension, paint and trim, and climate system on its mdels, the report said.

In October, the Elon Musk-helmed company said it expected to miss its vehicle delivery target this year and cited logistics challenges.

The top-ranked brand overall in the survey was Lexus, and seven of the ten best-scoring brands were Japanese and Koren.

Among brands owned by Detroit automakers, Lincoln was the only one in the top ten, securing the tenth place.

The magazine’s annual survey of new vehicle reliability predicts which cars will give owners fewer or more problems than their competitors, based on data collected. Its scorecard is influential among consumers and industry executives.

Past 5 years growth of TSLA observed at 48.60%, and for the next five years the analysts that follow this company are expecting its growth at 48.09%. The average true range (ATR) is a measure of volatility introduced by Welles Wilder in his book, “New Concepts in Technical Trading Systems.” The true range indicator is the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close. The average true range is a moving average, generally 14 days, of the true ranges.

The volatility value is used by the investors for various reasons and purposes in measuring the fundamental price change and the rate of variation in TSLA’s price. The ART is a specific type of indicator, which is capable of weighing up stock volatility in the financial markets effectively.

Tesla, Inc. has an average true range (ATR) of 13.03. Other technical indicators are worth considering in assessing the prospects for EQT. TSLA’s price to sales ratio for trailing twelve months was 7.84 and price to book ratio for most recent quarter was 15.07, whereas price to cash per share for the most recent quarter was 27.80. The Company’s price to free cash flow for trailing twelve months was 36.63. Its quick ratio for most recent quarter was 1.00. Analysts mean recommendation for the stock was 2.30. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Tesla, Inc.‘s shares owned by insiders remained 0.10%, whereas shares owned by institutional owners are 44.10%.

Meanwhile, TSLA traded under umbrella of Consumer Cyclical sector, the stock was traded -50.84% ahead of its 52-week high and 11.76% beyond its 52-week low. So, both the price and 52-week high indicators would give you a clear-cut picture to evaluate the price direction.

The post Lookout for price to sales ratio Index- Tesla, Inc. (NASDAQ:TSLA) Mercedes EVs ranked worst in annual reliability survey by Consumer Reports appeared first on Stocks Equity.

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