Stock

Would Shareholders Who Purchased MotorCycle Holdings'(ASX:MTO) Stock Three Years Be Happy With The Share price Today?

By Jaime E. Love 1 month ago

It is a pleasure to report that the MotorCycle Holdings Limited (ASX:MTO) is up 146% in the last quarter. Meanwhile over the last three years the stock has dropped hard. Regrettably, the share price slid 58% in that period. So the improvement may be a real relief to some. Perhaps the company has turned over a new leaf.

See our latest analysis for MotorCycle Holdings

To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it’s a weighing machine. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

During the three years that the share price fell, MotorCycle Holdings’s earnings per share (EPS) dropped by 14% each year. The share price decline of 25% is actually steeper than the EPS slippage. So

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Tesla’s China Car Registrations Jump In May; Stock Down In Pre-Market On Analysts’ Rating Cuts

By Jaime E. Love 2 months ago

Tesla Inc.’s (TSLA) China car registrations in May jumped 150% month on month, Reuters reported citing data from auto consultancy LMC Automotive.

The U.S. electric vehicle maker’s China registrations, including imported cars, grew to 11,565 in May from 4,633 units in April.

Data from the China Passenger Car Association shows sales of Tesla’s Shanghai-made Model 3 sedan hit 11,095 units in May.

Still, shares in Tesla continued to fall in Monday’s pre-market trading declining another 3.4% to $903.45 after dropping 3.9% on Friday. Meanwhile, year-to-date the stock has more than doubled.

Last week’s start of a downward trend was triggered by two rating downgrades from analysts at Morgan Stanley and Goldman Sachs.

Morgan Stanley’s Adam Jonas lowered his rating on the stock to Sell from Hold with a $650 price target (31% downside potential) amid concerns about U.S.-China trade dynamics as well as recent price cuts of some

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