Daily Trading Update: Ford Motor, General Motors, Tesla Motors, and Kandi Technologies
LONDON, December 26, 2013 /PRNewswire/ --
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On Tuesday, December 24, 2013, the U.S. equity market posted gains. The S&P 500 ended the day at 1,833.32, up 0.29%; the Dow Jones Industrial Average closed at 16,357.55, up 0.39%; and the NASDAQ Composite Index finished at 4,155.42, up 0.16%. The S&P 500 Consumer Discretionary Sector Index edged 0.27% higher to close the session at 524.46; and the S&P 500 Automobiles & Components Industry Group Index finished at 138.09, up 0.11%. The S&P 500 Automobiles & Components Industry Group Index has gained 2.31% in the previous three months, underperforming the S&P 500, which has gained 8.30% during the same period. The major movers in the consumer discretionary sector included Ford Motor Co. (NYSE: F), General Motors Co. (NYSE: GM), Tesla Motors Inc. (NASDAQ: TSLA), and Kandi Technologies Group Inc. (NASDAQ: KNDI). AAAResearchReports.com free coverage on F, GM, TSLA, and KNDI is available upon registration at:
http://www.aaaresearchreports.com/register/
Ford Motor Co.'s stock edged higher on Tuesday, tracking gains in the broader market. The company's shares ended the day 0.26% higher at $15.19, after fluctuating between $15.10 and $15.23 during the trading session. A total of 22.64 million shares were traded, which is below the daily average volume of 40.48 million. Despite Tuesday's gains, the company's shares have declined 0.72% in the previous three trading sessions, underperforming the S&P 500, which has gained 1.31% during the same period. Further, Ford Motor Co.'s stock is trading below its 50-day and 200-day moving averages of $16.84 and $15.85, respectively. Download free technical research on F by signing up at:
http://www.AAAResearchReports.com/F122613.pdf
On Tuesday, General Motors Co.'s stock closed the day at $40.88, down 0.99% from the previous day's closing price of $41.29. The company's shares vacillated between $40.83 and $41.31 during the trading session. A total of 7.61 million shares were traded, which is below the daily average volume of 22.16 million. Despite Tuesday's pullback, the company's shares have gained 9.95% in the previous three months and 8.87% in the last one month, outperforming the S&P 500, which has gained 8.30% and 1.71% during the respective periods. Furthermore, General Motors Co.'s stock is trading above its 50-day and 200-day moving averages of $38.04 and $34.58, respectively. Register now and get access to free analysis on GM at:
http://www.AAAResearchReports.com/GM122613.pdf
Shares in Tesla Motors Inc. rallied 5.48% on Tuesday, finishing the day at $151.41, after fluctuating between $149.82 and $154.97 during the trading session. A total of 9.94 million shares were traded, which is below the daily average volume of 11.99 million. The company's shares have gained 25.30% in the previous one month and 7.60% in the previous three trading sessions, outperforming the S&P 500, which has gained 1.71% and 1.31% during the respective periods. Moreover, Tesla Motors Inc.'s stock is trading above its 50-day and 200-day moving averages of $148.17 and $119.76, respectively. Sign up and read our complimentary report on TSLA at:
http://www.AAAResearchReports.com/TSLA122613.pdf
Kandi Technologies Group Inc.'s stock surged 4.03% on Tuesday, ending the day at $8.00, after vacillating between $7.91 and $8.57 during the trading session. A total of 2.68 million shares were traded, which is above the daily average volume of 1.61 million. The company's shares have gained 6.67% in the previous three trading sessions and 16.45% in the last one month, compared to a gain of 1.31% and 1.71% in the S&P 500 during the respective periods. Further, Kandi Technologies Group Inc.'s stock is trading above its 50-day and 200-day moving averages of $7.22 and 5.58, respectively. The free report on KNDI can be downloaded by signing up now at:
http://www.AAAResearchReports.com/KNDI122613.pdf
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SOURCE AAA Research Reports
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