Stocks Skyrockets on Unusual Volume: Ford Motor (NYSE:F), Enservco (NYSE:ENSV)

Ford Motor Firm (NYSE:F) [Trend Analysis] plunged reacts as active mover, shares a loss -1.53% to traded at $12.24 and the percentage gap among open changing to regular change was 1.21%. Chief Executive of Ford Motor Co. (F) Mark Fields reported that car maker still plans to move production of Focus sedans to Mexico despite criticism from President-elect Donald Trump, according to an interview with The Wall Street Journal Friday.

Such move will mean no loss of U.S. jobs and is predictable for 2018, Fields told the newspaper. The Michigan plant would produce more profitable, larger vehicles. Fields stated in September the move was aimed at “reinventing” Ford’s small-vehicle business and at cutting costs. Trump stated earlier Friday companies moving jobs abroad would face “consequences.” The firm’s current ratio calculated as 1.20 for the most recent quarter. The firm past twelve months price to sales ratio was 0.32 and price to cash ratio remained 1.45. As far as the returns are concern, the return on equity was recorded as 26.60% and return on investment was 3.00% while its return on asset stayed at 3.40%. The firm has total debt to equity ratio measured as 4.36.

Enservco Corporation (NYSE:ENSV) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -41.85% to $0.43. ENSERVCO Corporation (NYSE MKT: ENSV) reported that it has priced an underwritten public offering of 11,250,000 shares of its ordinary stock to the public at $0.40 per share. The Firm expects to close the sale of the shares of ordinary stock on December 7, 2016, subject to customary closing conditions.

Net proceeds to the Firm from the offering are predictable to be about $3,887,500, following deducting underwriting discounts, commissions and estimated offering expenses. The Firm has also granted the underwriter a 30-day option to purchase up to an additional 1,687,500 shares of ordinary stock from the Firm at the offering price. The Firm intends to use the net proceeds from the offering to repay outstanding indebtedness under its revolving credit facility thereby increasing its liquidity for general corporate purposes, acquisitions and/or capital expenditures. The share price of ENSV attracts active investors, as stock price of week volatility recorded 10.13%. The stock is going forward to its 52-week low with 60.38% and lagging behind from its 52-week high price with -51.65%.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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