Stocks Aim To Attain Street Attentions: Ford Motor Company (NYSE:F), Long Island Iced Tea (NASDAQ:LTEA)

Ford Motor Company (NYSE:F) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 1.07% to $13.17. President-elect Donald Trump’s short list for secretary of state has grown, with former Ford Motor Co.

CEO Alan Mulally now under consideration for the job as the nation’s top diplomat, a top adviser said Friday.Mulally met with Trump Thursday in New York to discuss the position, campaign manager Kellyanne Conway said on Fox News. Mulally, 71, helped engineer a turnaround at the automaker while avoiding the bankruptcies that befell its crosstown rivals, General Motors Co. and Chrysler, now part of Fiat Chrysler Automobiles NV. He previously served as head of Boeing Co.’s commercial airline business division.

Conway declared that Exxon Mobil Corp. CEO Rex Tillerson, former Republican presidential nominee Mitt Romney, former New York City Mayor Rudy Giuliani, former CIA Director David Petraeus, Senate Foreign Relations Committee Chairman Bob Corker, former U.S. Ambassador to the United Nations John Bolton, and Representative Dana Rohrabacher, a California Republican, were also among the names under consideration. The share price of F attracts active investors, as stock price of week volatility recorded 2.40%. The stock is going forward to its 52-week low with 23.67% and lagging behind from its 52-week high price with -5.20%.

Long Island Iced Tea Corp. (NASDAQ:LTEA) [Trend Analysis] surged reacts as active mover, shares a gain remains unchanged to traded at $4.91 and the percentage gap between open changing to regular change was -2.24%. Long Island Iced Tea Corp. (NASDAQ:LTEA) declared that it has reached an contract to acquire the ALO Juice® beverage brand and trademark rights from The Wilnah International, LLC for a purchase price of 5,000 shares of the Company’s common stock.

The closing of the transaction is subject to customary conditions, and is expected to occur in the first quarter of 2017. The Company has acted as a distributor of ALO Juice since February 2016 and has sold nearly $1 million of ALO Juice to date. The Company believes the acquisition will further enable it to meet growing consumer demand for better-for-you beverages. Philip Thomas, Chief Executive Officer of the Company, stated, “We are continuing to see a shift towards healthier beverages and ALO Juice® offers a product which is aligned with this movement.”

The firm’s current ratio calculated as 2.40 for the most recent quarter. The firm past twelve months price to sales ratio was 9.20 and price to cash ratio remained 12.38. As far as the returns are concern, the return on equity was recorded as -570.40% and return on investment was -113.00% while its return on asset stayed at -209.70%. The firm has total debt to equity ratio measured as 0.05.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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