A new trading day began on August 04, 2022, with General Motors Company (NYSE: GM) stock priced at $37.02, down -2.89% from the previous day of trading. During the day, the shares moved up to $37.16 and dropped to $36.07 before settling in for the closing price of $37.31. GM’s price has ranged from $30.33 to $67.21 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company slipped by -3.20% over the past five years. Meanwhile, its annual earnings per share averaged 54.70%. With a float of $1.39 billion, this company’s outstanding shares have now reached $1.46 billion.
Let’s look at the performance matrix of the company that is accounted for 157000 employees. In terms of profitability, gross margin is +20.30, operating margin of +7.34, and the pretax margin is +10.01.
General Motors Company (GM) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Manufacturers Industry. The insider ownership of General Motors Company is 0.20%, while institutional ownership is 83.20%. The most recent insider transaction that took place on Apr 29, was worth 1,001,181. In this transaction Executive Vice President of this company sold 25,645 shares at a rate of $39.04, taking the stock ownership to the 64,170 shares. Before that another transaction happened on Apr 28, when Company’s Executive Vice President & CFO bought 35,000 for $38.79, making the entire transaction worth $1,357,650. This insider now owns 110,000 shares in total.
General Motors Company (GM) Latest Financial update
In its latest quarterly report, released on 6/29/2022, the company reported earnings of $1.14 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +7.89 while generating a return on equity of 19.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.69 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.90% during the next five years compared to 2.20% growth over the previous five years of trading.
General Motors Company (NYSE: GM) Trading Performance Indicators
Here are General Motors Company’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.38. Likewise, its price to free cash flow for the trailing twelve months is 17.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.26, a number that is poised to hit 1.96 in the next quarter and is forecasted to reach 6.39 in one year’s time.
Technical Analysis of General Motors Company (GM)
General Motors Company (NYSE: GM) saw its 5-day average volume 14.53 million, a negative change from its year-to-date volume of 18.21 million. As of the previous 9 days, the stock’s Stochastic %D was 74.43%. Additionally, its Average True Range was 1.34.
During the past 100 days, General Motors Company’s (GM) raw stochastic average was set at 35.95%, which indicates a significant decrease from 65.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.77% in the past 14 days, which was lower than the 47.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.56, while its 200-day Moving Average is $46.47. Nevertheless, the first resistance level for the watch stands at $36.90 in the near term. At $37.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $37.99. If the price goes on to break the first support level at $35.81, it is likely to go to the next support level at $35.40. The third support level lies at $34.72 if the price breaches the second support level.
General Motors Company (NYSE: GM) Key Stats
With a market capitalization of 50.52 billion, the company has a total of 1,458,049K Shares Outstanding. Currently, annual sales are 127,004 M while annual income is 10,019 M. The company’s previous quarter sales were 35,759 M while its latest quarter income was 1,692 M.
