Honda Motor Company Ltd. (HMC) has risen sharply, recording gains of 11.47% in the past 4 weeks. However, the stock has corrected -1.31% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 11.7% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.09% and the fifty day Moving Average is 10.67%. Honda Motor Co., Ltd. is up 11.26% in the last three month period. Year-to-Date the stock performance stands at -5.32%.
Honda Motor Company Ltd. (HMC) : Currently there are 2 street experts covering Honda Motor Company Ltd. (HMC) stock. The most bullish and bearish price target for the stock is $34 and $31 respectively for the short term. The average price target of all the analysts comes to $32.41. The estimated standard deviation from the target is $2.26.
Honda Motor Company Ltd. (NYSE:HMC): On Fridays trading session , Opening price of the stock was $30.22 with an intraday high of $30.42. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $29.96. However, the stock managed to close at $30.23, a loss of 1.27% for the day. On the previous day, the stock had closed at $30.62. The total traded volume of the day was 990,197 shares.
Honda Motor Co., Ltd. (Honda), develops, produces and manufactures a range of motor products, ranging from small general-purpose engines and scooters to specialty sports cars. The Company has four segments: motorcycle business, automobile business, financial services business, and power product and other businesses. Hondas motorcycle business segment offers motorcycle line, including sports (including trial and moto-cross racing), business and commuter models. Its automobile business segment offers passenger cars, light trucks and mini vehicles. The Companys financial services business segment offers retail lending, leasing to customers and other financial services, such as wholesale financing to dealers. Its power product and other businesses segment manufactures a power products, including tillers, portable generators, general-purpose engines, grass cutters, outboard marine engines, water pumps, snow throwers, power carriers, power sprayers, lawn mowers and lawn tractors.