Advertisement
Canada markets open in 6 hours 48 minutes

  • S&P/TSX

    22,259.47
    +312.06 (+1.42%)
     

  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     

  • DOW

    38,852.27
    +176.59 (+0.46%)
     

  • CAD/USD

    0.7307
    -0.0015 (-0.20%)
     

  • CRUDE OIL

    78.56
    +0.08 (+0.10%)
     

  • Bitcoin CAD

    87,061.08
    -995.75 (-1.13%)
     

  • CMC Crypto 200

    1,366.03
    +0.90 (+0.07%)
     

  • GOLD FUTURES

    2,327.90
    -3.30 (-0.14%)
     

  • RUSSELL 2000

    2,060.67
    +24.95 (+1.23%)
     

  • 10-Yr Bond

    4.4890
    -0.0110 (-0.24%)
     

  • NASDAQ futures

    18,180.50
    -15.00 (-0.08%)
     

  • VOLATILITY

    13.49
    0.00 (0.00%)
     

  • FTSE

    8,213.49
    +41.34 (+0.51%)
     

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • CAD/EUR

    0.6788
    -0.0004 (-0.06%)
     

Today's Research Reports on Trending Tickers: Adient and Ford Motor

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / November 12, 2018 / U.S. markets plunged Friday, with the Dow dropping over 200 points, as falling oil prices raised global economic concerns. Prices for West Texas Intermediate crude for December delivery has slid into bear market territory from almost a 4 year high in just 5 weeks. The Dow Jones Industrial Average dropped 0.77 percent to close at 25,989.30, while the S&P 500 Index shed 0.92 percent to close at 2,781.01. The Nasdaq Composite Index decreased 1.65 percent higher to close at 7,406.90.

According to Willie Delwiche, investment strategist at R.W. Baird, “Oil being down could be a sign that the global economy is in a tough spot.” “The initial reaction to lower oil prices has been that they’ll be a boon for the middle class,” Delwiche said that the view could be inaccurate considering that consumer confidence doesn’t have more chances to grow, and because a smaller part of the American consumer’s budget goes to gasoline than it has in the previous years.

“That’s a new reality that has to be reckoned with, and if this is a replay of the [oil price crash] of 2015 and 2016, it could have a meaningful impact on U.S. investment and earnings,” he added.

RDI Initiates Coverage on:

Adient plc
https://rdinvesting.com/news/?ticker=ADNT

ADVERTISEMENT

Ford Motor Company
https://rdinvesting.com/news/?ticker=F

Adient's stock moved 25.36% lower Friday, to close the day at $21.52. The stock recorded a trading volume of 7,538,879 shares, which was above its three months average volume of 2,035,698 shares. In the last year, Adient's shares have traded in a range of 21.42 - 84.59. The share price has gained 0.47% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $32.83 is below its 200-day moving average of $45.23. Shares of the company are trading at a Price to Earnings ratio of 146.39. Shares of Adient have fallen roughly 32.2 percent in the past month and are down 72.66 percent year-to-date.

Access RDI's Adient plc Research Report at:
https://rdinvesting.com/news/?ticker=ADNT

On Friday, shares of Ford Motor recorded a trading volume of 52,203,593 shares, which was above the three months average volume of 47,505,932 shares. The stock ended the day 0.85% lower at $9.38. The share price has fallen 30.42% from its 52 week high with a 52 week trading range of 8.17 - 13.48. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $9.09 is below its 200-day moving average of $10.31. Shares of the company are trading at a Price to Earnings ratio of 5.55. Shares of Ford Motor have gained roughly 6.47 percent in the past month and are down 24.9 percent year-to-date.

Access RDI's Ford Motor Company Research Report at:
https://rdinvesting.com/news/?ticker=F

Our Actionable Research on Adient plc (NYSE:ADNT) and Ford Motor Company (NYSE:F) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com