BIT:RACEAuto
Ferrari (BIT:RACE) Could Be 5% Undervalued On Record Luce Sale
Ferrari (BIT:RACE) is back in focus after a one off Ferrari Luce electric model sold for $40 million at a Monterey Car Week charity auction, the highest price ever paid for a new car at auction.
See our latest analysis for Ferrari.
The record Ferrari Luce sale comes as Ferrari’s share price has gained 10.89% over the past month and 21.56% over 90 days, while the 1 year total shareholder return has declined 8.98% and the 5 year total shareholder return has risen 104.62%. This indicates that...