Rearview Mirror: Ending the First Quarter of 2021

Rearview Mirror: Ending the First Quarter of 2021

As we see the end of the first quarter of 2021, we take a look at the seven automotive stocks we’ve been reviewing the performance each week.

We’ve followed these tickers week after week and now we’re going to take a look at the performance for the entire first quarter of the year.

Nio Inc. (NIO)

Nio Inc. began the first quarter of 2021 at $53.49 and found its way to the high price for the quarter of $62.70 on 1/11/2021. For a full month, this stock hovered around the $60.00 price before declining in the middle of February. The low mark of the quarter was reached on 3/8/2011 when this stock reached $35.21. The final price for NIO was $36.13, which shows significant losses for the quarter.

Ferrari (RACE)

The start of January for Ferrari saw this auto stock priced at $227.01 per share. The stock price quickly declined and we never saw it reach this mark again during the quarter. The lowest price Ferrari hit was$187.78 on 3/4/2021 before making its way back upward. The final price for the quarter came in at $204. 26 which means an overall loss for investors.

General Motors (GM)

The first quarter of 2021 gave us a price of $40.51 per share for General Motors. This auto stock would never see a price this low again during the quarter. With a continuously rising price for the quarter, the stock hit a high of $60.05 on 3/17/2021. The final price for the quarter was $56.52, giving investors a strong profit and excellent performance.

Toyota Motor Corp. (TM)

The year began with Toyota priced at $153.29. This stock started a decline right away and dropped to a low for the quarter of $140.41 on 2/1/2021. Once it reached this point, the price moved back up quickly and hit the quarterly high at $161.56 on 2/10/2021. A few more ups and downs for this stock took place and the closing price for the quarter came in at $153.37, giving investors a small profit.

Harley-Davidson (HOG)

The famous motorcycle brand started the first quarter of 2021 with a stock price of $36.15. This price moved up quickly and reached a quarterly high at $42.57 on 1/20/2021. This stock fell relatively quickly and reached a low for the quarter of $32.06 on 2/4/2021. After moving up and down along the $35.00 price for the rest of the quarter, the HOG ticker closed the quarter at $36.40.

Tata Motors (TTM)

Tata Motors began the first quarter of 2021 at $12.76 and this was the lowest price for the entire quarter. This stock price quickly moved upward and eventually reached the high price for the quarter on 2/6/2021 at $23.37. The price leveled out a bit but stayed above the $20.00 mark and finished out the quarter at $20.40, giving investors a handsome profit for the quarter.

Ford (F)

Ford is another of the auto stocks that started at a low price and never looked back. 2021 began with Ford stock at $8.52 per share but this was the lowest price of the quarter. The high mark was reached on 3/12/2021 at $13.37after strong upward movements took place all quarter long. The final price for this stock was $12.30 per share, offering investors the profits they look for.

Next week we will select new auto stocks to follow and review throughout the second quarter.

This post may contain affiliate links. Meaning a commission is given should you decide to make a purchase through these links, at no cost to you. All products shown are researched and tested to give an accurate review for you.