The stock of Ally Financial Inc. (ALLY) has gone down by -14.39% for the week, with a -28.12% drop in the past month and a -9.64% drop in the past quarter. The volatility ratio for the week is 10.25%, and the volatility levels for the past 30 days are 4.65% for ALLY. The simple moving average for the last 20 days is -18.80% for ALLY stock, with a simple moving average of -23.73% for the last 200 days.
Is It Worth Investing in Ally Financial Inc. (NYSE: ALLY) Right Now?
The price-to-earnings ratio for Ally Financial Inc. (NYSE: ALLY) is above average at 4.72x. The 36-month beta value for ALLY is also noteworthy at 1.36. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 0 rating it as “overweight,” 9 rating it as “hold,” and 3 rating it as “sell.”
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
The average price estimated by analysts for ALLY is $34.42, which is $12.21 above than the current price. The public float for ALLY is 296.76M, and at present, short sellers hold a 5.32% of that float. The average trading volume of ALLY on March 17, 2023 was 6.85M shares.
ALLY) stock’s latest price update
Ally Financial Inc. (NYSE: ALLY)’s stock price has decreased by -0.38 compared to its previous closing price of 23.53. Despite this, the company has experienced a -14.39% fall in its stock price over the last five trading sessions. Barron’s reported on 01/20/23 that Ally and SVB Financial Rise Sharply. Here’s What Wall Street Likes About the Banks.
Analysts’ Opinion of ALLY
The stock of Ally Financial Inc. (ALLY) has gone down by -14.39% for the week, with a -28.12% drop in the past month and a -9.64% drop in the past quarter. The volatility ratio for the week is 10.25%, and the volatility levels for the past 30 days are 4.65% for ALLY. The simple moving average for the last 20 days is -18.80% for ALLY stock, with a simple moving average of -23.73% for the last 200 days.
Analysts’ Opinion of ALLY
Many brokerage firms have already submitted their reports for ALLY stocks, with Jefferies repeating the rating for ALLY by listing it as a “Hold.” The predicted price for ALLY in the upcoming period, according to Jefferies is $25 based on the research report published on January 10th of the current year 2023.
Piper Sandler, on the other hand, stated in their research note that they expect to see ALLY reach a price target of $28, previously predicting the price at $25. The rating they have provided for ALLY stocks is “Neutral” according to the report published on January 09th, 2023.
BofA Securities gave a rating of “Underperform” to ALLY, setting the target price at $26 in the report published on January 05th of the current year.
ALLY Trading at -21.11% from the 50-Day Moving Average
After a stumble in the market that brought ALLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.65% of loss for the given period.
Volatility was left at 4.65%, however, over the last 30 days, the volatility rate increased by 10.25%, as shares sank -27.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.01% lower at present.
During the last 5 trading sessions, ALLY fell by -14.39%, which changed the moving average for the period of 200-days by -45.69% in comparison to the 20-day moving average, which settled at $28.43. In addition, Ally Financial Inc. saw -4.13% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ALLY starting from MAGNER MARJORIE, who purchase 2,000 shares at the price of $27.43 back on Oct 25. After this action, MAGNER MARJORIE now owns 55,603 shares of Ally Financial Inc., valued at $54,868 using the latest closing price.
Schugel Jason E., the Chief Risk Officer of Ally Financial Inc., sale 2,500 shares at $45.00 during a trade that took place back on Apr 19, which means that Schugel Jason E. is holding 82,476 shares at $112,500 based on the most recent closing price.
Stock Fundamentals for ALLY
Current profitability levels for the company are sitting at:
- +16.34 for the present operating margin
The net margin for Ally Financial Inc. stands at +13.95. Equity return is now at value 14.10, with 0.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.21.
Conclusion
In summary, Ally Financial Inc. (ALLY) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
