Ford Motor Company (F) fell -1.59% during last trading as the stock lost $-0.2 to finish the day at $12.41 with about 33.75M shares changing hands, compared to its three month average trading volume of 36.68M. The $49.16B market cap company, which fluctuated between $12.3 and $12.45 during the day, currently situated 16.54% above its 52 week low of $11.02 and -10.67% away from its one year high of $14.22. The RSI of 46.78 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Ford Motor Company, together with its subsidiaries, designs, manufactures, markets, finances, and services automobiles. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services passenger cars, trucks, SUVs, light commercial vehicles, trucks, vans, and electrified vehicles, as well as offers parts and accessories. It offers vehicles primarily under the Ford and Lincoln brand names. This sector markets and sells its products through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments. The Financial Services sector offers various automotive financing products to and through automotive dealers. It provides financing products, including retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, government entities, daily rental car companies, leasing companies, and fleet customers. This sector also offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and improvement of dealership facilities, purchase dealership real estate, and other dealer vehicle programs. It serves clients in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. Ford Motor Company was founded in 1903 and is based in Dearborn, Michigan.
United States Steel Corporation (X) gained $2.69 to close the day at a new closing price of $34.93, a 8.34% increase in value from its previous closing price that moved the stock 475.64% above its 52 week low of $6.15. A total of 32.01M shares exchanged hands during the day compared with its three month average trading volume of 19.16M. The stock, which fluctuated between $31.95 and $35.31 during the day, currently situated -10.76% below its 52 week high. The stock is down by -2.54% in the past one month and up by 106.21% over the past three months. With a one year target estimate of $31.2 and RSI of 53.15, the stock still has upside potential, making it a hold for now.
United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
Chesapeake Energy Corporation (CHK) had a light trading with around 29.48M shares changing hands compared to its three month average trading volume of 53.08M. The stock traded between $6.92 and $7.04 before closing at the price of $6.98 with -0.43% change on the day. The Oklahoma City Oklahoma 73118 based company is currently trading 365.33% above its 52 week low of $1.5 and -14.88% below its 52 week high of $8.2. Both the RSI indicator and target price of 51.42 and $7.65 respectively, lead us to believe that it should be put on hold over the coming weeks.
Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.