Today’s Research Reports on Trending Tickers: Ford Motor and Alibaba Group
NEW YORK, NY / ACCESSWIRE / March 27, 2018 / U.S markets rallied Monday, after posting their worst weekly loss in two years last week, on easing tensions between the U.S. and China. The Dow Jones Industrial Average gained 2.84 percent to close at 24,202.60, while the S&P 500 Index jumped 2.72 percent to close at 2,658.55. The Nasdaq Composite Index spiked 3.26 percent to close at 7,220.54. The Wall Street Journal has reported that officials from China and the U.S. have begun negotiations “to improve U.S. access to mainland Chinese markets.”
“Big positive moves in stocks tend to come after biggest down days, and today’s action looks like a technical bounce, just because markets were so weak for days,” said Mike Antonelli, equity sales trader at Robert W. Baird & Co., according to MarketWatch.
RDI Initiates Coverage on:
Ford Motor Company
https://rdinvesting.com/news/?ticker=F
Alibaba Group Holding Limited
https://rdinvesting.com/news/?ticker=BABA
Ford Motor’s stock moved 2.56% higher Monday, to close the day at $10.83. The stock recorded a trading volume of 52,325,512 shares, which was above its three months average volume of 49,282,036 shares. In the last year, Ford Motor’s shares have traded in a range of 10.14 – 13.48. The stock is currently trading 19.66% below its 52 week high. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $10.70 is below its 200-day moving average of $11.82. Shares of the company are trading at a Price to Earnings ratio of 5.70. Shares of Ford Motor have fallen roughly 0.55 percent in the past month and are down 13.29 percent year-to-date.
Access RDI’s Ford Motor Company Research Report at:
https://rdinvesting.com/news/?ticker=F
On Monday, shares of Alibaba Group recorded a trading volume of 16,758,711 shares, which was below the three months average volume of 20,413,570 shares. The stock ended the day 5.13% higher at 190.50. The share price has gained 78.86% from its 52-week low with a 52-week trading range of 106.51 – 206.20. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $187.14 is greater than its 200-day moving average of $182.51. Shares of the company are trading at a Price to Earnings ratio of 46.85. Shares of Alibaba Group have gained roughly 1.90 percent in the past month and are up 10.48 percent year-to-date.
Access RDI’s Alibaba Group Holding Limited Research Report at:
https://rdinvesting.com/news/?ticker=BABA
Our Actionable Research on Ford Motor Company (NYSE:F) and Alibaba Group Holding Limited (NYSE:BABA) can be downloaded free of charge at Research Driven Investing.
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