Ford Motor Company (NYSE:F) makes the fourth recall in four months for the all-new Escape

  on Dec 03,2012 Posted in Business News ,Finance
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Ford Motor Company (NYSE:F) declined early Friday after a plan to recall more than 89,000 new Escape SUVs and Fusion sedans because the engines can overheat and cause fires. The company said in a statement that the recall has been made for vehicles from the 2013 model year with 1.6-liter turbocharged engines that were sold in the U.S. and Canada.

With this move, it made the fourth recall in four months for the all-new Escape, a best selling product for Ford in the important compact SUV segment of the market. Ford spokesman Said Deep said the recall decision was taken after the company received reports of 12 fires in Escapes and one in a Fusion. Ford Motor (F) is trying to find out what leads the overheating trouble.

One of the most critical factors in measuring the performance of a company is its Return on Assets ratio, which is an indicator of how profitable a company is relative to its total assets. Ford Motor Company (NYSE:F) recently had ROA ratio of 10.18% while its market capitalization of $43.65 billion.

Previous month, Ford Motor’s stock price volatility was 2.47%. In its share capital Ford Motor has 3.74 billion outstanding shares among them 3.65 billion shares have been floated in market exchange. Ford Motor’s stock institutional ownership remained 52.08% while insider ownership included 0.33%.

The stock is ahead of its 52weeks low with +30.99% and lagging behind from its 52 weeks high price with -10.88%. Company’s beta coefficient included 2.28. Beta factor evaluates the amount of market risk associated with market trade.

Ford Motor’s stock traded with a starting price of $11.52 and throughout the trading session climbed at a high of $11.60 and later when day-trade ended the stock finally slid -0.69% to $11.45 with a relative volume of 41.34 million shares.

Its competitor General Motors Company (NYSE:GM) shares opened the session at $25.89 declined -0.80% to settle at $25.88 with a relative trading volume of 6.54 million shares and Toyota Motor Corporation (ADR) (NYSE:TM) shares opened the session at $85.94 dropped -0.50% to settle at $86.08 with a relative trading volume of 273,555.00 shares.



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