Volume Moving the Tape For Cooper Tire & Rubber Company (CTB)

Marcato Capital Management Lp decreased Goodyear Tire & Rubr Co (GT) stake by 8.27% reported in 2017Q2 SEC filing.

Traders might be following the technicals on shares of Goodyear Tire Rubber (GT). after a recent check, we have noticed that the PPOH level is now below zero. (NYSE:HPQ) posted quarterly earnings of $0.43 which compared to the sell-side estimates of 0.42. Revenue during the quarter was $4.14 billion, representing -1% growth from $4.18 billion in year-ago quarter. The stock rose 0.02% or $0.01 reaching $63.79 per share. About shares traded. Wabash National Corporation (NYSE:WNC) has risen 52.05% since October 12, 2016 and is uptrending. The option since executed brings Zekoski ownership to 12157 shares. Charter Communications Inc N was raised too. On Oct. 9, 2017 GT saw a significant decline, closing the day at $32.77, or a decline of $0.05 or (0.15%).

On 7/10/2017 Stephen R Mcclellan, Insider, sold 6,250 with an average share price of $35.46 per share and the total transaction amounting to $221,625.00.

Investors sentiment increased to 1.14 in 2017 Q2. It improved, as 47 investors sold GT shares while 141 reduced holdings. That compares with the recent volume average of 2.11 million. Argi Invest Svcs Limited Liability Corporation has 17,892 shares for 0.05% of their portfolio. First Heartland Consultants Incorporated invested in 38,610 shares. Massachusetts Ma accumulated 1.46 million shares. The institutional investor owned 254,198 shares of the company's stock after buying an additional 43,461 shares during the period.

The Goodyear Tire & Rubber Comp now has a P/E ratio of 7.13 and the market cap is 8.24B.

Cooper Tire & Rubber Co (NYSE CTB) opened at 35.995 on Tuesday. Parallax Volatility Advisers LP accumulated 988 shares. At the time of writing, the 14-day ADX for Goodyear Tire Rubber (GT) is noted at 25.27. State Of New Jersey Common Pension Fund D holds 250,000 shares or 0.04% of its portfolio. Goodyear Tire had 22 analyst reports since October 28, 2015 according to SRatingsIntel. Gould Asset Mgmt Ltd Co Ca holds 0.17% or 5,642 shares in its portfolio. Marcato Capital Management Lp sold 195,000 shares as Goodyear Tire & Rubr Co (GT)'s stock declined 12.03%. Badgley Phelps And Bell stated it has 294,965 shares.

According to the the latest analyst ratings which have been released, 6 brokers have issued a rating of "buy", 3 brokers "outperform", 2 brokers "hold", 0 brokers "underperform" and 0 brokers "sell".

02/10/2016 - The Goodyear Tire & Rubber Company was upgraded to "outperform" by analysts at Credit Agricole. The firm earned "Buy" rating on Tuesday, June 20 by Jefferies. The rating was maintained by JP Morgan with "Neutral" on Wednesday, February 24. Stifel Nicolaus maintained Target Corporation (NYSE:TGT) on Monday, September 18 with "Hold" rating. The rating was maintained by Goldman Sachs on Tuesday, August 1 with "Hold".

Several research firms have recently weighed in on GT. Jefferies Group LLC restated a "buy" rating and issued a $36.00 price target on shares of The Goodyear Tire & Rubber in a research note on Thursday. The rating was downgraded by Standpoint Research on Wednesday, March 30 to "Hold". LOW stock price climbed 14.64% over the past year, yielding a positive weighted alpha of 14.37 percent. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2017/10/12/the-goodyear-tire-rubber-company-gt-receives-average-rating-of-buy-from-brokerages.html. Accern also gave news headlines about the company an impact score of 46.4650238981496 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

The Goodyear Tire & Rubber Company (NASDAQ:GT) in the last month has increased +2.14%. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. The Company operates through three segments. It has a 10.22 P/E ratio. The Firm designs, makes and markets a range of products, including dry freight and refrigerated trailers, platform trailers, bulk tank trailers, dry and refrigerated truck bodies, truck-mounted tanks, intermodal equipment, aircraft refueling equipment, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade and pharmaceutical equipment.

Among 10 analysts covering Goodyear Tire (NASDAQ:GT), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 33% are positive. (NYSE:MRK) has "Buy" rating given on Thursday, January 12 by Guggenheim. The firm earned "Buy" rating on Monday, August 7 by Jefferies.

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