Now that Goodyear Tire & Rubber Co.’s volume has hit 9.12 million, investors get a glimpse of its size.

Goodyear Tire & Rubber Co. (NASDAQ: GT) on Monday, soared 1.26% from the previous trading day, before settling in for the closing price of $13.46. Within the past 52 weeks, GT’s price has moved between $9.85 and $16.50.

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Annual sales at Consumer Cyclical sector company grew by 9.93% over the past five years. The company achieved an average annual earnings per share of 591.47%. With a float of $281.69 million, this company’s outstanding shares have now reached $282.90 million.

Let’s look at the performance matrix of the company that is accounted for Jan 31 2020 employees.

Goodyear Tire & Rubber Co. (GT) Insider Updates

Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of Goodyear Tire & Rubber Co. is 0.65%, while institutional ownership is 84.93%. The most recent insider transaction that took place on Dec 13, was worth 170,139. In this transaction EVP & Chief Admin. Officer of this company sold 12,258 shares at a rate of $13.88, taking the stock ownership to the 98,764 shares. Before that another transaction happened on Dec 11, when Company’s EVP & Chief Admin. Officer sold 12,985 for $14.19, making the entire transaction worth $184,291. This insider now owns 98,764 shares in total.

Goodyear Tire & Rubber Co. (GT) Performance Highlights and Predictions

As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $0.36 earnings per share (EPS) for the period topping the consensus outlook (set at $0.19) by $0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 591.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.30% during the next five years compared to -12.38% drop over the previous five years of trading.

Goodyear Tire & Rubber Co. (NASDAQ: GT) Trading Performance Indicators

Goodyear Tire & Rubber Co. (GT) is currently performing well based on its current performance indicators. A quick ratio of 0.70 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.76, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 2.15 in one year’s time.

Technical Analysis of Goodyear Tire & Rubber Co. (GT)

Goodyear Tire & Rubber Co. (NASDAQ: GT) saw its 5-day average volume 6.13 million, a positive change from its year-to-date volume of 3.93 million. As of the previous 9 days, the stock’s Stochastic %D was 20.76%. Additionally, its Average True Range was 0.45.

During the past 100 days, Goodyear Tire & Rubber Co.’s (GT) raw stochastic average was set at 59.45%, which indicates a significant increase from 22.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.20% in the past 14 days, which was lower than the 33.57% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.05, while its 200-day Moving Average is $13.43. Nevertheless, the first resistance level for the watch stands at $13.85 in the near term. At $14.08, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.38. If the price goes on to break the first support level at $13.32, it is likely to go to the next support level at $13.02. Assuming the price breaks the second support level, the third support level stands at $12.79.

Goodyear Tire & Rubber Co. (NASDAQ: GT) Key Stats

Market capitalization of the company is 3.86 billion based on 283,548K outstanding shares. Right now, sales total 20,805 M and income totals 202,000 K. The company made 5,142 M in profit during its latest quarter, and -89,000 K in sales during its previous quarter.