Ford Motor Co. (NYSE: F) Stock Coverage Initiated at Nomura

Analysts at Nomura initiated coverage on Ford Motor Co. (NYSE: F) stock, rating the company at Buy.With a rating of Buy on the shares, Ford Motor Co. has a 52-week high of $15.84. As a means of comparison, a number of other analysts have issued reports on the company recently, and the company has earned a consensus one-year price target of $13.41, above the opening price of $12.09. Analysts and brokerage firms will subsequently publish periodic updates after beginning or initiating coverage. Price changes targets are not unheard of.

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 gauge 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, 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.

6,998,329 shares crossed the trading desk yesterday, 121 percent below the average, out of a total float 3,676,956,000. Look for trading volume to pick up in the coming days as momentum traders often use swings in trading volume to determine substantial volume growth or distribution by institutional investors.

While increased trading for one day will not mean much, however, a trend of heavy trading volume on the buy side over a series of days or weeks delivers a positive signal to market traders that institutions may be moving in, so institutional sponsorship is crucial.

Institutional sponsorship simply refers to ownership of a stock by mutual funds, banks, pension funds and other large institutions.

Institutional investors such as these retain teams of analysts that investigate thousands of stocks, so it is good confirmation to see them buying a stock you’re considering.

By spotting trends, moving averages allow traders to make those trends work in their favor and increase the number of successful trades.

Trades for Ford Motor Co. (NYSE: F) have ranged from $11.02 – 15.8400, and the stock now has a 50-day MA of $12.36 and 200-day MA of $13.02. 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 seek companies that have increased their earnings by at least 25% for the past 3 years.

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