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 $90834.57999999999.
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 -1.92% to $12.79. Over the last five days, the stock has gained 5.35%. Ford Motor Co. shares have risen nearly 6.45% since the year began. Nevertheless, the stocks have risen 12.44% 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 $12.60, while 200 days put it at $12.05. A total of 57.18 million shares were traded, compared to the trading of 4.94 million shares in the previous session.
Levels Of Support And Resistance For F Stock
The 24-hour chart illustrates a support level at 12.59, which if violated will result in even more drops to 12.40. On the upside, there is a resistance level at 13.00. A further resistance level may holdings at 13.22. The Relative Strength Index (RSI) on the 14-day chart is 51.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.52%. Stochastics %K at 59.77% 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.
