Shares of Ford Motor Company (F) Sees Large Outflow of Money

Ford Motor Company (F) : Money flow in the Ford Motor Company (F) stock was negative (25.05 million) on Wednesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $44.25 million, compared to $69.3 million on downticks. The total uptick to downtick ratio was 0.64, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($20.46 million), indicating selling on the strength. The transaction value during uptick in block trades was $7.94 million. Downtick transaction value in block trades amounted to $28.4 million, indicating persistent selling. The uptick to downtick ratio was 0.28. Ford Motor Company (F) traded $0.09 higher at $13.74 gaining 0.66% over the previous days close.


Also, In a research note released to the investors, Bank of America downgrades its rating on Ford Motor Company (NYSE:F).The analysts at the brokerage house have a current rating of Neutral on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 29, 2016.

Ford Motor Company (NYSE:F): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.61 and $13.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.74, notching a gain of 0.66% for the day. The total traded volume was 22,588,923 . The stock had closed at $13.65 on the previous day.

The stock has recorded a 20-day Moving Average of 5.62% and the 50-Day Moving Average is 4.5%. In a related news, The Securities and Exchange Commission has divulged that Farley Jr James D, officer (Executive Vice President) of Ford Motor Co, had unloaded 78,042 shares at an average price of $13.31 in a transaction dated on May 16, 2016. The total value of the transaction was worth $1,038,739.

Ford Motor Company (Ford) manufactures or distributes automobiles across six continents. The Company operates in two sectors: Automotive and Financial Services. Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific segments. Financial Services sector includes Ford Motor Credit Company and Other Financial Services segments. Its automotive brands include Ford and Lincoln. Other Financial Services includes a range of businesses, including holding companies and real estate-related activities. The Company has around 62 plants across the world. Through its wholly owned subsidiary, Ford Motor Credit Company LLC, it provides automotive financing products to and through automotive dealers throughout the world.

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