Ford (NYSE: F) – $2.08 Billion Q1 Profits

Ford’s (NYSE: F)strong first quarter profits were overshadowed on Tuesday, by growing concerns of the economies of several European countries – including Greece, Portugal and Spain.

Ford (NYSE:F) stocks stood at 13.57 as of 4/27/2010 signifying a -0.89 – -6.15% change over the previous day.

The amount of stock traded was on the heavy side – the 292,670,000 volume for the day being more than the 13 week average of 113,640,000.

Ford (NYSE: F) – $2.08 Billion Q1 Profits

Ford reported its fourth consecutive positive quarter on Tuesday, and perhaps their best quarter in six years. The company was not expected to have positive cash flow until 2011, but Ford’s CEO was confident about the rest of 2010 – citing improved market share in US and Europe, reduced costs, and new products all contributing to the American car makers’ quick recovery from near bankruptcy.

This is one of many pieces of news that has affected the popular Auto Manufacturers – Major company in the last few months leading to a 15.7% change in its stock price during the past 3 months.

If you’re contemplating investing in Ford (NYSE:F) shares, be sure you make the trade at the right price. Timing the market or technical analysis is often a difficult task, but do make sure you take into account the historical price data:

We will be monitoring the F (NYSE:F) share price for developments over the next couple of weeks.