Delphi Automotive plc (DLPH) has risen sharply, recording gains of 6.6% in the past 4 weeks. However, the stock has corrected -0.79% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.14% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.61% and the 50-Day Moving Average is 2.03%. Delphi Automotive PLC has dropped 7.51% during the last 3-month period . Year-to-Date the stock performance stands at -20.17%.
Delphi Automotive plc (NYSE:DLPH): stock turned positive on Friday. Though the stock opened at $67.64, the bulls momentum made the stock top out at $68.36 level for the day. The stock recorded a low of $67.32 and closed the trading day at $67.82, in the green by 0.22%. The total traded volume for the day was 2,612,401. The stock had closed at $67.67 in the previous days trading.
Also, Piper Jaffray initiates coverage on Delphi Automotive plc (NYSE:DLPH). The shares have now been rated Overweight by the stock experts at the ratings house. Piper Jaffray announces the current price target of $82 per share on Delphi Automotive plc. The rating by the firm was issued on June 9, 2016.
Delphi Automotive PLC is a vehicle components manufacturer. The Company provides electrical and electronic, powertrain and safety solutions to the automotive and commercial vehicle markets. The Company operates through three segments: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. The Companys Electrical/Electronic Architecture segment provides design of the vehicles electrical architecture, including connectors, wiring assemblies and harnesses, electrical centers and hybrid high voltage, among others. Its Powertrain Systems segment provides systems integration of gasoline and diesel engine management systems. Its Electronics and Safety segment provides components, systems and software for passenger safety, security, and infotainment, as well as vehicle operation, including body controls, reception systems, infotainment and connectivity systems, hybrid vehicle power electronics, passive and active safety electronics, displays and mechatronics.