Investors responded negatively to consumer cyclical stocks on Monday. Key movement were observed in ParkerVision, Inc (NASDAQ:PRKR) and Fuel Systems Solutions, Inc (NASDAQ:FSYS) on percentage decliners side while Ford Motor Company (NYSE:F) was most active stock.
General Motors Company (NYSE:GM) and Ford Motor Company (NYSE:F) have teamed up to produce 2 transmissions as the auto manufactures look to keep in step with their competitors both foreign and closer to home.
The 2 biggest United States auto manufacturers have decided to jointly develop a 9-speed and a 10-speed automatic transmission for use in their portfolios of cars, crossovers, sport-utility vehicles and pickup trucks.
GM and Ford also need the technology to fend off their competitors who are already unveiling 9-speed transmissions while working on future advancements.
General Motors Company’s YTD performance was recorded as .28% while its market capitalization was $39.50 billion. The company has P/B ratio of 1.09 while P/E ratio was booked as 9.90. Institutional ownership owns 43.74% shares of the company. Net profit margin of the company was 3.00% while its gross profit margin was 7.10%.
Ford Motor Company has market capitalization of $50.79 billion. Its debt to equity ratio was 6.59 while its shares were looking forward SMA50 with -0.34. The company offered earnings per share of 1.42 while its 3.93 billion shares were outstanding. YTD performance of the stock was 0.70%.
Toyota Motor Corporation (ADR) (NYSE:TM) has the market capitalization of $175.90 billion. The company’s EPS was 4.94 while its 1.72 billion shares were outstanding. Its institutional ownership was 1.37%. Shares of the company were moving ahead of SMA50 with 7.47% while its YTD performance was 19.13%.
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