Ford Motor Co.’s recently made public that its Chief Accounting Officer Kosman Mark unloaded Company’s shares for reported $0.34 million on Mar 06 ’24. In the deal valued at $12.53 per share,26,898 shares were sold. As a result of this transaction, Kosman Mark now holds 7,102 shares worth roughly $89556.22.
Then, FIELD JOHN DOUGLAS bought 182,000 shares, generating $2,010,590 in total proceeds. Upon buying the shares at $11.05, the Chief EV, Digital & Design Off now owns 720,176 shares.
Piper Sandler initiated its Ford Motor Co. [F] rating to a Neutral in a research note published on March 15, 2024; the price target was $13. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who began to cover the stock in late January with a ‘”a Sell”‘ rating. UBS also remained covering F and has decreased its forecast on January 17, 2024 with a “Neutral” recommendation from previously “Buy” rating. Exane BNP Paribas revised its rating on December 13, 2023. It rated F as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of F
On Friday, Ford Motor Co. [NYSE:F] saw its stock fall -3.30% to $12.61. Over the last five days, the stock has lost -5.05%. Ford Motor Co. shares have risen nearly 4.95% since the year began. Nevertheless, the stocks have risen 0.97% over the past one year. While a 52-week high of $15.20 was reached on 04/04/24, a 52-week low of $9.49 was recorded on 01/19/24. SMA at 50 days reached $12.59, while 200 days put it at $12.18. A total of 52.28 million shares were traded, compared to the trading of 38.38 million shares in the previous session.
Levels Of Support And Resistance For F Stock
The 24-hour chart illustrates a support level at 12.43, which if violated will result in even more drops to 12.26. On the upside, there is a resistance level at 12.85. A further resistance level may holdings at 13.10. The Relative Strength Index (RSI) on the 14-day chart is 45.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.16%. Stochastics %K at 31.14% indicates the stock is a holding.
The most recent change occurred on December 04, 2023 when HSBC Securities began covering the stock and recommended ‘”a Hold”‘ rating along with a $11.30 price target.
