General Electric Company (NYSE: GE) started the day on February 22, 2021, with a price increase of 3.99% at $12.50. During the day, the stock rose to $12.70 and sunk to $12.025 before settling in for the price of $12.02 at the close. Taking a more long-term approach, GE posted a 52-week range of $5.48-$12.68.
The Industrials sector firm’s twelve-monthly sales growth has been -7.10% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 34.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 2500.00%. This publicly-traded company’s shares outstanding now amounts to $8.77 billion, simultaneously with a float of $8.75 billion. The organization now has a market capitalization sitting at $106.04 billion. At the time of writing, stock’s 50-day Moving Average stood at $11.22, while the 200-day Moving Average is $8.20.
It is quite necessary to find out the efficiency of the corporate organization, which has 174000 number of employees on its payroll. It has generated 459,155 per worker during the last fiscal year. Meanwhile, its income per employee was 32,557. The stock had 2.95 Receivables turnover and 0.30 Total Asset turnover. For the Profitability, stocks gross margin was +25.04, operating margin was +3.83 and Pretax Margin of +6.50.
General Electric Company (GE) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Specialty Industrial Machinery Industry. General Electric Company’s current insider ownership accounts for 0.20%, in contrast to 64.00% institutional ownership. According to the most recent insider trade that took place on Aug 05, this organization’s Director sold 11,586,206 shares at the rate of 6.22, making the entire transaction reach 72,068,519 in total value, affecting insider ownership by 32,131,316. Preceding that transaction, on Aug 04, Company’s Director sold 10,761,857 for 6.16, making the whole transaction’s value amount to 66,261,830. This particular insider is now the holder of 43,717,522 in total.
General Electric Company (GE) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2020, the organization reported $0.08 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $0.09) by -$0.01. This company achieved a net margin of +7.09 while generating a return on equity of 17.74. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
General Electric Company’s EPS increase for this current 12-month fiscal period is 2500.00% and is forecasted to reach 0.50 in the upcoming year.
General Electric Company (NYSE: GE) Trading Performance Indicators
Let’s observe the current performance indicators for General Electric Company (GE). It’s Quick Ratio in the last reported quarter now stands at 1.30. The Stock has managed to achieve an average true range (ATR) of 0.38. Alongside those numbers, its PE Ratio stands at $20.90, and its Beta score is 1.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.33.
In the same vein, GE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.60, a figure that is expected to reach 0.02 in the next quarter, and analysts are predicting that it will be 0.50 at the market close of one year from today.
Technical Analysis of General Electric Company (GE)
If we take a close look at the recent performances of General Electric Company (NYSE: GE), its last 5-days Average volume was 62.06 million that shows plunge from its year to date volume of 75.64 million. During the previous 9 days, stock’s Stochastic %D was recorded 80.42% While, its Average True Range was 0.38.
Raw Stochastic average of General Electric Company (GE) in the period of the previous 100 days is set at 96.99%, which indicates a major rise in contrast to 89.25% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 30.80% that was lower than 37.05% volatility it exhibited in the past 100-days period.