Wall Street advanced yesterday, leading the Standard & Poor’s 500 to its best two-day run in two months, on hopes that a budget deal would be signed in the United States to evade high spending cuts and tax rises that could hurt the economy. All of the S&P 500’s 10 sectors completed the day in green, led by energy companies and Info Tech sector.
The share price of Ford Motor Company (NYSE:F) gained 2.46% during trading yesterday, ending at $11.67. Chief Operating Officer Mark Fields recently said that a recent spate of safety recalls has no impact on its auto sales. Fields told reporters late yesterday he is confident that their overall sales are doing well and consumers have a good perception of the quality of Ford products.[article_detail_ad_1]
At that price, the company has a market cap of $44.49 billion and a P/E ratio of 2.64. The stock has a 52 week worst hit of $8.82 and a 52 week high of $13.05. The P/S ratio is 0.33 and P/B ratio 2.38. Dividend yield stands at 1.71 percent. The beta value is 2.27. Ford Motor’s RSI amounts to 63.92.
Its direct competitor and the largest foreign automaker in China, General Motors Company (NYSE:GM) recently unveiled a plan to increase the number of Cadillac dealerships in China by about 25 per cent to put pressure on German luxury automakers led by Volkswagen AG’s Audi.
The market value of this company is $39.92 billion. It has 213,000 people in workforce, over the last 12 months has generated revenue of $150.94 billion and has earnings of $4.44 billion. The firm’s operating margin is 2.93 percent and net profit margin 3.26 percent. The latest closing price of its shares moved up 2.43% from the 50-day moving average.
Elsewhere, Tesla Motors Inc (NASDAQ:TSLA) disclosed that Daimler AG (DAI)’s Herbert Kohler left its board and was replaced by another executive at the German automaker. For this company, a return on equity of -291.29 percent has been realized due to the financial position. Last twelve months per-share profit reached a value of -$3.69. Earnings are projected to move up 54.90 percent for the coming five years. The stock closed at $34.59, up 0.19 points or 0.55% from previous close and at a distance of +2.81% from 20-day simple moving average.
In the last trading session, Tata Motors Limited (ADR) (NYSE:TTM)’s price moved 13.72% above its 200 day moving average, changing hands as low as $27.18 per share. The stock is currently trading 9.14% up its SMA 50. The worst hit in its 52 week range is $16.11 per share, with $30.63 being the 52 week best price, which compares with a latest closing price of $27.50. The Beta of this stock is 2.36.