Rotating into Defensives? Tesla, Inc. (TSLA), ServiceNow, Inc. (NOW)

The shares of Tesla, Inc. (NASDAQ:TSLA) went up during the trading session by $3.24 on Thursday, trading at $351.40. At the moment, the company has a debt-to-equity ratio of 2.61, a current ratio of 0.80 , and a quick ratio of 0.50. The stock has a 52-week low of $244.59 while its 52-weeks high is $387.46. The total market cap for the stock is $59.58B its price-to-earnings-growth ratio reads 3.40 while it has a beta of 0.59.

TSLA has flown up as the subject of gossips for a number of analysts. Analysts at ROTH Capital Initiated the shares of Tesla, Inc to Neutral when they released a research note on November 1st, 2018. Cascend Securities analysts Upgrade the shares of Tesla, Inc. from Sell to Buy in a research note they presented on October 25th, 2018, but they now have set a price target of $400. Analysts at BofA/Merrill Reiterated the shares of Tesla, Inc. to Underperform when they released a research note on October 25th, 2018, but they now have set a price target of $220, which is an increase from the previous $200.

The current market cap of ServiceNow, Inc. is valued at $34.04B. The value there would make it reasonable for the investors to decide the dimensions of ServiceNow, Inc. not at all like the standard sales or statistics of their aggregate resources.

Taking a look at the current stock price for ServiceNow, Inc. (NYSE:NOW), we could notice that the shares are trading close to the $190.83 level. Financial specialists have a propensity for following stock value levels in connection to their 52-week high and low levels. The 52-week high of the stock is currently $206.29 while its 52-weeks low stands at $112.84.

The performance of ServiceNow, Inc. (NYSE:NOW), so far this year is at +55.77%. The performance of the stock over the past seven days has increased by 1.32%, over the past one-month price index is 8.14% while over the last three months is +0.02%. Its six months performance has been +5.75% while for the past 52 weeks is +42.77%.

Notwithstanding that, the passion for the stock has decreased, which sees decrease in its trading volume by -15.632% below its longer-run average levels. This information shouldn’t be overlooked due to the greatly float size in the stock of 175.86M shares.

Trading at the moment with a market cap of $34.04B, NOW has a significant cash 703.63 million on their books, which will have to be weighed and compared to their $1.82 billion in total current liabilities. NOW is raking in trailing 12 months revenue which is around 673.1 million. Notwithstanding that, the firm is seeing a foremost top-line progress, with their year-over-year quarterly revenue increasing by 33.80%.

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