Do you want to know about the future of Ford Motor Company (NYSE:F)? The Westminster Hall debate on the future of Ford motor manufacturing in the UK will be held today from 9.30am. The auto giant has unveiled plans to shut two UK plants with the loss of 1,400 employees. The company says it plans to shut its Southampton Transit van factory and the stamping plant at Dagenham, east London, in 2013.
The Unite union has indicted the carmaker of “betraying its workforce”. The Transit factory in Southampton is Ford’s last car making facility in the UK, with production predicted to shift to Turkey. There will be a 90-minute debate will be led by Caroline Nokes, Tory MP for Romsey and Southampton North. Other local MPs will join her, demanding answers on Ford’s bombshell closure plan. Watch live coverage here.
Where the stock is moving now?
Shares of Ford Motor (F) traded up 0.72% during last trading session, closing at $11.25. The share price of Ford traded yesterday in a range of $11.13 to $11.35. The company now has a market value of $42.91 billion.
Is current price trend good or bad?
The stock, after recent close, is 12.00% up their SMA 50 and 12.44% off the 52-week high. The worst hit in its 52 week range is $8.82 per share, with $13.05 as its 52 week best price that compares with a latest closing price of $11.25. Its most recent closing price has a distance of +9.21% from SMA20 and is 5.06% up than SMA200.
Now compare performances of this stock in different time periods.
With recent gain, the year-to-date (YTD) performance reflected a 6.53% gain above last year. During the past month the stock advanced 13.75%, bringing three-month performance to +24.31% and six-month performance to +6.53%.
How much risky is this stock?
For this company, beta value at 2.28 represents it is more volatile to the shift in the market. If we take a look on its volatility, 3.05% was seen in a week and for the month it was 2.15%.
Not enough? See what Wall Street analysts think about this company.
For the stock, mean recommendation this week is 2.1. Sharing price target summary; nearly 15 brokerages have a mean PT as $14.47 and median PT of $14.00 while the highest price target set by those rating agencies was $20.00 and lowest PT was $11.00.