The shares of the automobile company went up by 0.54% and the trade was happening at $14.51.
Ford Motor Company’s shares have been in the gainers of the day on the last trading session. The automobile company’s shares went up by 0.54% and were being traded at a share price of $14.51.
In the last seven days however Ford’s stock has witnessed a decline, in comparison the intraday trading. Even though the stock declined by 5.49% in the last seven days, the scene seem quite bullish. In a month, the shares of the automobile giant have seen a positive incline of 5.86%. But in comparison to the S&P 500, the shares have underperformed as it witnessed a loss and decrease of 5.68%. In four weeks though, the company has underperformed the index by as much as 0.66%.
In the previous trading session that took place on October 30, 2015, the shares of the automobile company inclined by 0.54%. The trading on Friday began with a share price of $14.74l. Throughout the session, the prices kept fluctuating between $14 and $15. The higher peak that the share price hit was $14.74 and the lower peak was at a share price of $14.9499. However, despite the volatility, the trading session ended with the last trade being called off at $14.81. Ultimately, adding Ford into the gainers of the day. As the trading ended, the number of shares of the company was at 29,225,845 shares.
The one year high share price of Ford Motors was witnessed at $16.74 while the one year low share price was observed at $10.44, which was a major decline in the price. As of November 1, 2015 the market capital of Ford Motors is $58.78 billion. The earnings per share reported by the automobile company is 1.19 and the price to earnings ratio is at 12.38.
A number of stock experts have commented and covered the shares of Ford Motors. JP Morgan, a major brokerage and financial services firm has covered the stock of Ford and maintained its rating. The company rated the Ford’s stock as “Overweight”. Although, according to a recent release by the financial services firm, they have suggested a new price target for the shares which is a change from $19 to $20 per share. This reported by JP Morgan was issued on October 20, 2015.
Furthermore, Insider Selling and Buying is also seen in the company, which the automobile company itself disclosed to the SEC on a Form 4 filing. According to the report, the director of the company, Lechleiter John C. purchased shares. The number of shares purchased by the director of the company is 3,000; these shares he purchased at a share price of $13.85. As per the purchase, the total transaction was worth $41,550. The net money flow of the company was rather unimpressive on the contrary.
Ford stock was up 0.41% to $14.81 at market close on Tuesday Oct 3.
No comments:
Post a Comment