NYSE:CMIMachinery
Assessing Cummins (CMI) Valuation After The DriveSense Electric Powertrain Announcement
The DriveSense project led by Cummins (CMI) with Transense Technologies, backed by the UK Government and the APC programme, has pushed the stock into focus as investors reassess its ambitions in electric powertrains.
See our latest analysis for Cummins.
The DriveSense announcement comes as Cummins' 1 day share price return of 2.76% stands against a 30 day share price return of a 7.59% decline, while a 1 year total shareholder return of 68.67% points to strong longer term momentum.
If this...