Tata Motors Ltd (TTM) Shares are Down -2.56%

Tata Motors Ltd (TTM) : During the past 4 weeks, traders have been relatively bearish on Tata Motors Ltd (TTM), hence the stock is down -4.82% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.72% relative to the S&P 500. The 4-week change in the price of the stock is -5.33% and the stock has fallen -2.56% in the past 1 week.

The stock has recorded a 20-day Moving Average of 4.09% and the 50-Day Moving Average is 0.99%.The 200 Day SMA reached 26.27%

Tata

Tata Motors Ltd (NYSE:TTM): After opening at $39.9, the stock dipped to an intraday low of $39.9 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $40.45 and the buying power remained strong till the end. The stock closed at $39.98 for the day, a gain of 1.68% for the day session. The total traded volume was 1,196,741. The stocks close on the previous trading day was $39.98.

Tata Motors Ltd (TTM) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $48 and the lowest price target forecast is $47. The average forecast of all the analysts is $47.5 and the expected standard deviation is $0.71.

Tata Motors Limited is an automobile company. The Company is engaged in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. Its operating segments include automotive operations and all other operations. Its automotive segment operations include all activities relating to the development, design, manufacture, assembly and sale of vehicles, including vehicle financing, as well as sale of related parts and accessories. Its automotive operations are further subdivided into Tata and other brand vehicles (including vehicle financing) and Jaguar Land Rover. Its all other operations segment includes information technology services, and machine tools and factory automation solutions. Its commercial and passenger vehicles are marketed in countries in Europe, Africa, the Middle East, South East Asia, South Asia, South America, Australia, Commonwealth of Independent States and Russia.

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