Let’s start up with the current stock price of Adient plc (ADNT), which is $48.01 to be very precise. The Stock rose vividly during the last session to $48.50 after opening rate of $48.30 while the lowest price it went was recorded $47.18 before closing at $48.72.Recently in News on November 12, 2021, Adient will participate at the Barclays Global Automotive and Mobility Tech Conference. Adient (NYSE: ADNT), a global leader in automotive seating, will present at the Barclays Global Automotive and Mobility Tech Conference on Wednesday, Nov. 17, 2021. Adient’s president and chief executive officer, Doug Del Grosso, and executive vice president and chief financial officer, Jeff Stafeil, will be participating in a fireside chat at 1:15 p.m. Eastern time. A live webcast of the presentation will be available on the investor section of the Adient website (https://investors.adient.com/). You can read further details here
Adient plc had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $53.17 on 06/04/21, with the lowest value was $30.47 for the same time period, recorded on 01/27/21.
Adient plc (ADNT) full year performance was 49.15%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Adient plc shares are logging -9.70% during the 52-week period from high price, and 59.48% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $30.10 and $53.17.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 764897 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Adient plc (ADNT) recorded performance in the market was 38.08%, having the revenues showcasing 19.64% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 4.59B, as it employees total of 77000 workers.
The Analysts eye on Adient plc (ADNT)
During the last month, 5 analysts gave the Adient plc a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 41.50, with a change in the price was noted +5.32. In a similar fashion, Adient plc posted a movement of +12.46% for the period of last 100 days, recording 873,098 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ADNT is recording 2.56 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.41.
Technical rundown of Adient plc (ADNT)
Raw Stochastic average of Adient plc in the period of last 50 days is set at 93.20%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 88.47%. In the last 20 days, the company’s Stochastic %K was 92.10% and its Stochastic %D was recorded 88.54%.
Considering, the past performance of Adient plc, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 38.08%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -3.73%, alongside a boost of 49.15% for the period of the last 12 months. The shares increased approximately by 3.58% in the 7-day charts and went down by 18.22% in the period of the last 30 days. Common stock shares were driven by 19.64% during last recorded quarter.