Ford Motor Co (F): Today's Featured Automotive Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Ford Motor (F) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Ford Motor fell 11 cents (-1.1%) to $10.05 on light volume. Throughout the day, 25.4 million shares of Ford Motor exchanged hands as compared to its average daily volume of 36 million shares. The stock ranged in price between $9.99-$10.12 after having opened the day at $10.06 as compared to the previous trading day's close of $10.16. Other companies within the Automotive industry that declined today were: Hyster-Yale Materials Handling (HY), down 8%, China Zenix Auto International Ltd ADR (ZX), down 7.3%, Accuride (ACW), down 5.1%, and Westport Innovations (WPRT), down 3.2%.
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