|Bid||12.36 x N/A|
|Ask||12.46 x N/A|
|Day's range||12.07 - 12.45|
|52-week range||12.07 - 19.35|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||2.76|
|Earnings date||28 Jul 2022|
|Forward dividend & yield||1.04 (8.56%)|
|Ex-dividend date||19 Apr 2022|
|1y target est||21.67|
PARIS (Reuters) -Production stoppages at two Stellantis auto plants in France stem from shortages in components from German supplier Continental, two sources close to Stellantis said on Friday. Continental was unable to deliver its connected navigation and entertainment systems to a Citroen plant in Rennes, one of the sources said. The other said a Peugeot plant in Sochaux was halted because Continental had not delivered touch screens.
Stellantis (STLA) closed the most recent trading day at $12.89, moving -1.9% from the previous trading session.
Stellantis will build a €50mn stake in Australian start-up Vulcan Energy Resources as it seeks to extract lithium from deposits in Germany and become the first European carmaker to make a substantial direct investment in the extraction of raw materials for batteries. The move comes as carmakers are having to contend with soaring prices for key materials such as cobalt, nickel and lithium, adding pressure on the profitability of electric vehicles. “Making this highly strategic investment in a leading lithium company will help us create a resilient and sustainable value chain for our European electric vehicle battery production,” said Stellantis boss Carlos Tavares.