Stellantis (OTCMKTS:PUGOY) Shares Pass Below 50 Day Moving Average – Here’s Why

Stellantis (OTCMKTS:PUGOY) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $27.28 and traded as low as $26.56. Stellantis shares last traded at $27.28, with a volume of 43,600 shares changing hands.

Stellantis Stock Performance

The company has a debt-to-equity ratio of 0.53, a current ratio of 1.10 and a quick ratio of 0.85. The business has a 50-day simple moving average of $27.28 and a 200 day simple moving average of $27.28. The firm has a market cap of $24.68 billion, a PE ratio of 7.16 and a beta of 1.37.

About Stellantis

Stellantis N.V. is a multinational automotive manufacturer formed in January 2021 through the merger of Fiat Chrysler Automobiles (FCA) and Groupe PSA. Headquartered in Amsterdam, Netherlands, the company brought together a broad portfolio of well-known automotive marques and operates as a global vehicle producer and mobility group. John Elkann serves as chairman and Carlos Tavares is the company’s chief executive officer, leading a management team responsible for integrating operations and executing global strategy.

Stellantis designs, manufactures and sells passenger cars, light commercial vehicles and related parts and accessories under a wide range of brands that include Jeep, Ram, Dodge, Chrysler, Fiat, Alfa Romeo, Maserati, Peugeot, Citroën, Opel, Vauxhall and DS Automobiles, among others.