Ford Motor Company (F) Shares are Up 0.49%

Ford Motor Company (F) has been under a strong bear grip, hence the stock is down -10.82% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.52% in the past 1 week. The stock has risen by 0.49% in the past week indicating that the buyers are active at lower levels, but the stock is down -10.48% in the past 4 weeks.

Ford Motor Co. has dropped 5.04% during the last 3-month period . Year-to-Date the stock performance stands at -7.09%. The stock has recorded a 20-day Moving Average of 1.72% and the 50-Day Moving Average is 3.31%.


Ford Motor Company (NYSE:F): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.30 and $12.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.41. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.39, notching a gain of 0.49% for the day. The total traded volume was 21,891,446 . The stock had closed at $12.33 on the previous day.

Also, Jefferies initiates coverage on Ford Motor Company (NYSE:F) The brokerage firm has issued a Underperform rating on the shares. The Analysts at the ratings agency announces the price target to $10 per share. The rating by the firm was issued on August 9, 2016.

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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