News to Track: Tenneco Inc. (NYSE:TEN)
Tenneco Inc. (NYSE:TEN) spotted trading -60.82% off 52-week high price. On the other end, the stock has been noted 188.69% away from the low price over the last 52-weeks. The stock changed -2.60% to recent value of $6.38. The stock transacted 1196668 shares during most recent day however it has an average volume of 1.07M shares. The company has 81.35M of outstanding shares and 59.22M shares were floated in the market.
On Sept. 25, 2020, Tenneco Inc. (NYSE:TEN) has published its latest annual Corporate Social Responsibility and Sustainability Report. Covering operations during 2019, this is the first time that Tenneco has issued a released for its combined operations, including the acquired Federal-Mogul and Öhlins Racing businesses.
As outlined in the report, Tenneco continues to make strides toward improving its Environmental, Social and Governance strategy, including key performance metrics, and evaluating Sustainability Accounting Standards Board (SASB) and other reporting frameworks to drive long-term stakeholder value. Along with these metrics, the company has committed to share best practices and employ continuous improvement initiatives across the business for maximum impact.
As we continue to face challenges due to the COVID-19 pandemic, Tenneco remains committed to operating in a socially responsible, safe and sustainable manner, no matter the circumstances, said Tenneco Chief Executive Officer Brian Kesseler. Making tomorrow better is something we always strive for, and as our sustainability journey evolves, we need to continuously look at ways in which to improve while helping our team members, customers and communities build a better future. Each and every Tenneco team member plays a part in making this possible, and we thank them for their continued dedication to making us a more sustainable and transparent organization.
Its earnings per share (EPS) expected to touch remained -467.50% for this year while earning per share for the next 5-years is expected to reach at 4.42%. TEN has a gross margin of 12.40% and an operating margin of -8.70% while its profit margin remained -9.60% for the last 12 months.
According to the most recent quarter its current ratio was 1.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of -20.14% from the mean of 20 days, -22.16% from mean of 50 days SMA and performed -18.91% from mean of 200 days price. Company’s performance for the week was -15.38%, -24.59% for month and YTD performance remained -51.30%.