Ford Stock Hits New 52-Week High (F)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Tuesday as it is currently trading at $16.94, above its previous 52-week high of $16.93 with 22.3 million shares traded as of 1:50 p.m. ET. Average volume has been 42 million shares over the past 30 days.
Ford has a market cap of $64.47 billion and is part of the consumer goods sector and automotive industry. Shares are up 29% year to date as of the close of trading on Monday.
Ford Motor Company engages in the development, manufacture, distribution, and service of vehicles, parts, and accessories worldwide. The company operates through two sectors, Automotive and Financial Services.
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TheStreet Ratings rates
Ford
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full
.
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