Automaker Stocks In News: Tesla Motors (NASDAQ:TSLA), Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), Honda Motor Co (NYSE:HMC)

Tesla Motors Inc (NASDAQ:TSLA) will soon be one of the most prominent player on the Chinese market scene. The CEO Elon Musk, will now begin the deliveries of its popular Model S in the country. Tesla Motors Inc (NASDAQ:TSLA) shares after opening at $210.81 moved to $212.80 on last trade day and at the end of the day closed at $207.86 . Company price to sales ratio in past twelve months was calculated as 12.72 and price to cash ratio as 30.27. Tesla Motors Inc (NASDAQ:TSLA) showed a positive weekly performance of 4.39%.

Ford Motor Co. (NYSE:F) will make the official announcement of the promotion of Chief Operating Officer (COO) Mark Fields to the position of Chief Executive Officer (CEO) as early as the beginning of May, according to media reports. While it has been known for some time that Fields will succeed Alan Mulally when the latter steps down as the CEO, Ford had never made any official announcement related to it. Ford Motor Company (NYSE:F) shares advanced 0.55% in last trading session and ended the day on $16.32. F return on equity ratio is recorded as 34.20% and its return on assets is 3.60%. Ford Motor Company (NYSE:F) yearly performance is 25.73%.

General Motors Company (NYSE:GM) disclosed in a quarterly report Thursday that the Securities and Exchange Commission has made inquiries about the recall. It also confirmed for the first time that the U.S. Attorney’s office in New York and an unidentified state attorney general are conducting investigations. Congress and federal highway safety regulators also are investigating. General Motors Company (NYSE:GM) shares moved down -0.64% in last trading session and was closed at $34.17 while trading in range of $33.52 – $35.70 – General Motors Company (NYSE:GM) year to date (YTD) performance is 13.22%.

Honda Motor Co Ltd (ADR) (NYSE:HMC) Japan’s third-largest carmaker, forecast a full-year profit that missed analysts’ estimates, as benefits from a weaker yen fade and it increases incentives in the U.S. Honda Motor Co Ltd (ADR) (NYSE:HMC) weekly performance is -2.55%. On last trading day company shares ended up $33.68. Honda Motor Co Ltd (ADR) (NYSE:HMC) distance from 50-day simple moving average (SMA50) is -5.11%. Analysts mean target price for the company is $43.96.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *