TSLA– Tesla Motors Inc is engaged in design, manufacture and sales of electric vehicles and vehicle components. Tesla Motors plunged 4.9% yesterday, and an additional 2.4% pre-market today in NASDAQ.
TSLA – Tesla Motors Inc
|Fundamentals||Previously closed at||234.24|
|Analysts opinion||Tesla stock prices had seen a rise as it prepared to unveil its mass-market sedan, The Model 3. Yesterday, S&P Global Market Intelligence announced that it had downgraded TSLA to “Sell”, the stock has plunged more than 5% since the news.|
|Currently, Tesla has a forward P/E of 75.08, P/S of 7.65 and a P/B of 28.22. It has an ROI value of -19.20. It has crossed the 50 day and 200 day moving averages in a bearish manner, and is expected to be bearish in the near future.|
|Sentiments||Though the stock seems to be bearish in the near term, it has good growth prospects. Also, according to FactSet, the average target price for the stock is $236.89. These factors may drive bullish sentiments for the stock in the medium-long term.|
|Social Media Pulse||The stock has 56% higher chatter than usual.|