CIE AUTOMOTIVE, S.A. (CIE)

traders view logo Charts by TradingView

Pricing is indicative. Past performance is not a reliable indicator of future results. Log in to see latest markets data.

CIE AUTOMOTIVE, S.A. (CIE) Profile

CIE Automotive SA (CIE.xmad) is a Spanish automotive group focused on designing, manufacturing, and marketing automotive components and subassemblies headquartered in Bilbao, Spain. The Spanish industrial group’s production covers assemblies for powertrain and gearbox, chassis, steering and structural parts, interior and exterior trim, roof systems, commercial vehicles products, transmission and brakes. CIE Automotive has over 25,000 employees and operates a global network of 110 production sites with 63 offices across 16 countries. In 2019, the group acquired Inteva Roof Systems for $755M (USD). CIE Automotive SA stock (CIE.xmad) is traded on the Madrid Stock Exchange (BMAD), listed as a component of the Swiss globally integrated index Stoxx Europe 600 and a Spanish benchmark stock market index Ibex-35 constituent. CIE has a €2.98B (EUR) market cap as of November 2021 and €185M (EUR) in 2020 yearly revenues. Following last year’s -16.2% impact in the automotive market, CIE’s 2020 net profit fell by 36% compared to 2019 revenue. Despite the difficulties of a challenging year, CIE Automotive SA completed the acquisition of Somaschini S.p.A, an Italian gear systems manufacturer, for €77.1M (EUR). Instead of laying off, it preferred to support its employees and the community by giving €25M (EUR) to support its workforce and about €1M (EUR) to the community work. CIE Automotive’s continuous efforts and shrewd strategy resulted in a 154% growth for this year’s first half and a 75% rise for 2020’s third quarter. In September 2021, CIE Automotive SA (CIE.xmad) announced the joint management of its engineering and environment departments as a key strategy towards sustainability and ecodesign.

CIE Automotive SA (CIE.xmad): Trade a Contract for Difference (CFD) on CIE.xmad and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30-23:00
Mon
16:30-23:00
Tue
16:30-23:00
Wed
16:30-23:00
Thu
16:30-23:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

Why Trade CIE AUTOMOTIVE, S.A. (CIE) with FP Markets? An Australian-regulated forex & CFD broker
go long or short
Go Long or Short

Increase your ability to profit in
all market conditions
Leverage options up to 20:1

direct market access
Direct Market Access (DMA) Execution

Real-time, transparent share prices
Control, Functionality and deep liquidity
Full Market depth & see your orders in the queue

advanced platforms
Advanced Platforms
& Technology

MT4, MT5, Webtrader & Iress with
superior client portal

24/5 Multilingual customer support
24/5 Multilingual
Customer Support

Award winning support &
personal account managers

global exposure
Global Exposure

Low margins and competitive commission
+10,000 products on global stocks
across 4 continents

earn dividends
Earn Dividends

On long positions
No ownership of physical
shares necessary

Start Trading
in Minutes

bullet Access 10,000+ financial instruments
bullet Auto open & close positions
bullet News & economic calendar
bullet Technical indicators & charts
bullet Many more tools included

By supplying your email you agree to FP Markets privacy policy and receive future marketing materials from FP Markets. You can unsubscribe at any time.




Source - cache | Page ID - 484

Get instant Updates in Telegram