Trading Day Triumph: Ferrari N.V. (RACE) Ends at 401.00, a -6.23 Surge/Plunge

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Ferrari N.V. (NYSE: RACE) closed the day trading at $401.00 down -6.23% from the previous closing price of $427.66. In other words, the price has decreased by -$6.23 from its previous closing price. On the day, 0.97 million shares were traded. RACE stock price reached its highest trading level at $420.78 during the session, while it also had its lowest trading level at $401.0.

Ratios:

For a better understanding of RACE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 55.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.57.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RACE now has a Market Capitalization of 72294285312 and an Enterprise Value of 73689620480. As of this moment, Ferrari’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.75, and their Forward P/E ratio for the next fiscal year is 43.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.21 while its Price-to-Book (P/B) ratio in mrq is 21.40. Its current Enterprise Value per Revenue stands at 12.343 whereas that against EBITDA is 38.55.

Stock Price History:

Over the past 52 weeks, RACE has reached a high of $442.80, while it has fallen to a 52-week low of $283.20. The 50-Day Moving Average of the stock is -4.99%, while the 200-Day Moving Average is calculated to be 13.07%.

Shares Statistics:

Over the past 3-months, RACE traded about 255.59K shares per day on average, while over the past 10 days, RACE traded about 252090 shares per day. A total of 180.42M shares are outstanding, with a floating share count of 121.43M. Insiders hold about 32.70% of the company’s shares, while institutions hold 33.87% stake in the company. Shares short for RACE as of 1713139200 were 1782990 with a Short Ratio of 6.98, compared to 1710460800 on 1616056. Therefore, it implies a Short% of Shares Outstanding of 1782990 and a Short% of Float of 12.020000999999999.

Dividends & Splits

RACE’s forward annual dividend rate is 2.60, up from 2.443 a year ago. Against a Trailing Annual Dividend Yield of 0.005712482The stock’s 5-year Average Dividend Yield is 0.62.

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