Shares of Ford Otomotiv Sanayi A.S. (OTCMKTS:FOVSY – Get Free Report) dropped 0.9% on Thursday . The company traded as low as $8.42 and last traded at $8.42. 536 shares changed hands during trading, an increase of 58% from the average daily volume of 340 shares. The stock had previously closed at $8.50.
Ford Otomotiv Sanayi A.S. Price Performance
The company has a 50-day simple moving average of $8.94 and a 200-day simple moving average of $11.16.
Ford Otomotiv Sanayi A.S. Company Profile
Ford Otomotiv Sanayi A.Ş., commonly known as Ford Otosan, is a Turkey‐based automotive manufacturer formed as a joint venture between Ford Motor Company and Koç Holding. The company focuses on the design, engineering, production and distribution of commercial vehicles, diesel engines and associated spare parts. Since its establishment in the 1970s, Ford Otosan has grown into one of Turkey’s largest industrial enterprises, with operations that span the full vehicle lifecycle from research and development to delivery of aftermarket solutions.
Ford Otosan’s product portfolio is anchored by the Ford Transit family of light commercial vehicles, including Transit, Transit Custom, Transit Connect and Transit Courier models.
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