A new trading day began on November 20, 2023, with General Motors Company (NYSE: GM) stock priced at $28.18, up 1.75% from the previous day of trading. During the day, the shares moved up to $28.77 and dropped to $28.14 before settling in for the closing price of $28.03. GM’s price has ranged from $26.30 to $43.63 over the past 52 weeks.
Consumer Cyclical Sector giant saw their annual sales surged by 2.14% over the last five years. Meanwhile, its annual earnings per share averaged -1.61%. With a float of $1.37 billion, this company’s outstanding shares have now reached $1.40 billion.
The firm has a total of 167000 workers. Let’s measure their productivity. In terms of profitability, gross margin is +19.64, operating margin of +6.58, and the pretax margin is +7.40.
General Motors Company (GM) Breakdown of a Key Holders of the stock
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 0.22%, while institutional ownership is 83.72%. The most recent insider transaction that took place on Jul 13, was worth 381,300. In this transaction President of this company sold 9,300 shares at a rate of $41.00, taking the stock ownership to the 282,973 shares. Before that another transaction happened on May 19, when Company’s Executive Vice President & CFO bought 31,000 for $32.60, making the entire transaction worth $1,010,600. This insider now owns 186,847 shares in total.
General Motors Company (GM) Recent Fiscal highlights
In its latest quarterly report, released on 9/29/2023, the company reported earnings of $2.09 per share, which was $0.1 higher 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 +6.34 while generating a return on equity of 15.58. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.64 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.75% during the next five years compared to 240.48% 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 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.11, a number that is poised to hit 1.07 in the next quarter and is forecasted to reach 6.64 in one year’s time.
Technical Analysis of General Motors Company (GM)
Analysing the last 5-days average volume posted by the [General Motors Company, GM], we can find that recorded value of 19.97 million was better than the volume posted last year of 14.62 million. As of the previous 9 days, the stock’s Stochastic %D was 62.89%. Additionally, its Average True Range was 0.92.
During the past 100 days, General Motors Company’s (GM) raw stochastic average was set at 15.06%, which indicates a significant decrease from 59.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.40% in the past 14 days, which was higher than the 28.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.27, while its 200-day Moving Average is $34.63. Now, the first resistance to watch is $28.81. This is followed by the second major resistance level at $29.11. The third major resistance level sits at $29.44. If the price goes on to break the first support level at $28.18, it is likely to go to the next support level at $27.85. Now, if the price goes above the second support level, the third support stands at $27.55.
General Motors Company (NYSE: GM) Key Stats
With a market capitalization of 39.06 billion, the company has a total of 1,369,481K Shares Outstanding. Currently, annual sales are 156,735 M while annual income is 9,934 M. The company’s previous quarter sales were 44,131 M while its latest quarter income was 3,064 M.