Shares of Ford Motor Co. (NYSE: F) were downgraded by analysts at Buckingham Research in a note to their investors today.Buckingham Research currently has a rating of Neutral on the shares. As a means of comparison, a number of other analysts have issued reports on the stock recently, and the company has secured a consensus one-year price target of $13.41, above the opening price of $12.09. Ford Motor Co. stock has a 52-week high of $15.84. Downgrades occur when analysts feel that the future prospects for the security have weakened from the initial recommendation, usually due to a material and crucial change in the company’s actions, future outlook or industry.
U.S. stocks on Monday closed essentially flat, after trading firmly higher, in a volatile session ahead of the start of a pair of closely watched central-bank policy meetings.
The Dow Jones Industrial Average DJIA, -0.02% closed down 3.63 points at 18,120.17.
The blue-chip index had been up by as much as 131 points earlier and traded within a 162-point range.
The S&P 500 SPX, +0.00% slipped 0.04 points to close at 2,139.12, after trading within an 18-point range
Meanwhile, the Nasdaq Composite Index COMP, -0.18% declined 9.54 points, or 0.2%, to close at 5,235.03.
Earlier, the Nasdaq Composite Index had been up by as many as 37 points and traded with a 58-point range
Yesterday Ford Motor Co. (NYSE: F) shares last traded at $12.10, which is a dip of $0.01 compared to the previous closing price. Opening at $12.09, they fluctuated from $12.06 and $12.19 throughout the day.
Ford Motor Co. (NYSE: F) currently has a market cap of 48.08B.
The stock’s average daily volume is 36,540,800 shares out of a total float 3,676,956,000 and some 6,998,329 shares traded hands yesterday, 121 percent lower than normal. Investors often use swings in trading volume to pinpoint substantial volume accumulation or distribution by institutional investors, so look for trading volume to pick up in the coming days.
However, a single day of high volume buy side trading is not enough to affirm a trend. As such, market traders will continue to watch for institutional sponsorship as a cue that financial institutions are moving forward.
Institutional sponsorship is defined by ownership of a stock by mutual funds, banks, pension funds and other large institutions.
These professional investors have teams of analysts that research thousands of stocks. Thus, watching their interests is a good way to ensure you are buying the right stocks.
Traders are able to make make educated trades when they follow the trading habits of professional investors.
With that in mind, Ford Motor Co. (NYSE: F) now has a 50-day MA of $12.36 and 200-day MA of $13.02. It has traded in a 52-week range between $11.02 – 15.8400 and today’s last price is 0.24% lower than the 52 week high of $15.84.
Earnings growth is an important factor to look at when investing in stocks and investors watch for companies that have grown their earnings by at least 25% for 3 consecutive years.
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