Ford Motor Company (NYSE: F) Stock Weekly Review
By Rocky Biggs on May 01, 2010
It was a stressful couple of days for Ford Motor Company (NYSE: F) investors this week as the car manufacturer announced its first quarter results. Macroeconomic factors such as the growing debt concerns for Greece, Portugal, and Spain as well as the new GDP figures in the US were among other factors affecting the fate of Ford stocks in the last week of April.
Ford Motor Company (NYSE:F) stocks stood at 13.02 as of 4/30/2010 signifying a -0.56 – -4.12% change over the previous trading period.
The volume of the stock was on the heavy side – the 146,320,000 volume for the trading period being more than the 13 week average of 116,500,000.
Ford Motor Company (NYSE: F) Stock Weekly Review
Ford Motor Company (NYSE: F) had reached a 5 year high on Monday of $14.57 and the company hoped to keep its upward momentum going by announcing strong first quarter profits. $2.08 billion of profits, it’s fourth consecutive positive earnings quarter, was not sufficient for Wall Street and the stock took a plunge consequently. Credit Suisse downgraded the Ford stock from ‘Neutral’ to ‘Underperform’ – citing unsustainable profitability as their main reason. Ford CEO Alan Mulally’s cautious words calling the recovery ‘fragile’ did not give investors much confidence in the American car maker going forward.Ford has seen a 15.7% change in its stock price during the past 3 months.
If you believe this is a good time to make a play on the Ford Motor Company (NYSE:F) shares, be sure you do it at the right price. Timing the market or technical analysis can be a fruitless exercise, but do consider the historical price data:
Last Price: 13.02
52 Week Low / High: 4.71 / 14.57
50 Day Moving Average: 12.56
6 Month Price Change %: 80.9%
12 Month Price Change %: 222.6%
We will continue checking the F (NYSE:F) stock level for changes over the next couple of weeks.
Filed Under: Finance
I think the analyst are all wet not recognizing that Ford moved being solid profitable from 2011 to 2010. I you see their new cars and the quality of these cars. Toyota is on the side and Ford is on it’s way up. WAKE UP WALL STREET!!!
If analyst and stock broker were so intutive they would all be rich. You would have to be living on a different planet not to see the business model of Ford and its increased market share and partnerships abroad. Ford stock has legs!
The truth is – Ford is now a $20 – $24 stock. They all know it. Some of the analysts are in on it too. Trying to use the normal fall-off after an earnings announcement, combined with massive short-selling to drop the stock big and convince Main Street the party’s over and to sell their stocks cheaply to the Money Managers. Then the next big surge happens and Wall Street gets it – not Main street. Has been happening ever since we let the first “investment” bank to set up. That’s how Wall Street moves trillions from Main Street to its own pockets. GS demonstrated it perfectly when they sold the skunky mortgage portfolio: “Selected by portfolio managers whose interest are aligned with investors”. Yeah right!!! Good one there G(f)S (Good for Sh!t). Precisely what investors did you have in mind? Certainly not the buying investors.
Sure hope that GS is only the first of a few to be dismantled and learn they can’t be a prostitute and a john at the same time.
I don’t know, think about all of the perks in recent year and a half that has contributed to this increase. And looking at this increase over the past 12 months, it is very steep and very fast like the rest of the stock markets. it is unsustainable, this upward trend has to reverse to correct. I see this stock hovering around the 9-10 mark by years end. We will see. could be a bumpy ride
Hey Marc – I agree with you about a bumby ride. Ford certainly as been anything but a smooth ride up. Big increase in the last year and a half – true – but that’s what happens when almost everyone is betting you will go bankrupt and then you pull of the turnaround story of the century.
What I am wondering is what you meant by all the perks that have contributed to the increase (I assume you refer to the share price increase). But what are perks? I am not familiar with this term or at least what you mean by it?
It will be interesting to see how many fiesta they sell with the current pigs crisis and socialist spending that has killed the markets recently
I look at the suburban and say it is the coolest looking big car on market
the suv is fine
the ford trucks will be sellers
the biggest thing is they are going to 3 cylinder vehicles and trying to compete in india asia and europe
it is absolutely shocking to me to see this stock down at about 11 bucks a share
Watch sales in so america pick up
india sales will pick up
china sales will pick up
they are also investing in full blown electric vehicles for once an american car company gets it
everybody look at the look of the suburban I think it is partial hybrid
not into hybrids
I think everyone buying a toyota prius doesn’t think
they are spending 35 k for a car that averages 40 mpg
well u can buy a car that gets 40 mpg for 15 k
Americans need to think