Paradigm Asset Management Co. LLC Has $995,000 Stock Position in Stellantis (NYSE:STLA)

From MarketBeat:

Paradigm Asset Management Co. LLC acquired 52,029 shares of Stellantis stock, an increase of 1,258.8% in the third quarter. The firm’s holdings are valued at $995,000. Additionally, various other institutional investors have raised their positions in Stellantis, showing a growing interest in the company. [75 words]

Several equities research analysts have rated Stellantis. One analyst upgraded the company from “market perform” to “outperform” and increased the target price from $18.50 to $26.40. Another analyst gave a “sell” rating, and five others gave a “buy” rating, creating a consensus price target of $25.85. [50 words]

Trading was down 2.0% for Stellantis on Monday, with the stock trading at $22.30. The company’s stock has a 50-day simple moving average of $21.83 and a two-hundred day simple moving average of $19.86. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.03 and a current ratio of 1.29. [62 words]

Stellantis N.V. is a multinational company involved in automobile design, engineering, manufacturing, distribution, and sales. Its offerings include luxury and premium passenger vehicles, pickup trucks, sport utility vehicles, and commercial vehicles, as well as parts and services, retail and dealer financing, leasing, and rental services. [51 words]



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