|Bid||211.89 x 800|
|Ask||212.05 x 800|
|Day's range||210.83 - 212.10|
|52-week range||127.73 - 215.48|
|Beta (5Y monthly)||0.93|
|PE ratio (TTM)||47.16|
|Earnings date||31 Jan 2018 - 05 Feb 2018|
|Forward dividend & yield||1.23 (0.59%)|
|Ex-dividend date||20 Apr 2020|
|1y target est||211.73|
Ferrari (NYSE: RACE) has crafted a story of prestige, wealth, and exclusivity around its iconic brand. Becoming a new Ferrari owner is difficult and almost always requires proof of prior ownership. In order to buy a new Ferrari, customers must demonstrate that they have owned at least one used Ferrari in the past.
Ferrari <RACE.MI> unveiled the SF90 Spider on Thursday, a convertible version of its SF90 Stradale hybrid and part of the Italian luxury carmaker's drive to make 60% of sales from hybrid technology by 2022. The new car will feature the same specifications as the 4WD SF90 Stradale released last year, with a 780 horse power 8-cylinder combustion engine integrated with two front-mounted electric motors adding an extra 220 horse power, plus a retractable hard top. One hundred kilos heavier than the Stradale, the Spider will cost 473,000 euros (424,649.53 pounds) in Italy, outpricing the 430,000 euro Stradale at the top of Ferrari's price range for series-production cars.
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