General Motors Company (NYSE: GM) kicked off on Friday, down -0.16% from the previous trading day, before settling in for the closing price of $42.44. Over the past 52 weeks, GM has traded in a range of $26.30-$46.04.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 3.86%. While this was happening, its average annual earnings per share was recorded 15.82%. With a float of $1.15 billion, this company’s outstanding shares have now reached $1.20 billion.
Considering the fact that the conglomerate employs 163000 people, you should pay attention to its efficiency factor.
General Motors Company (GM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Auto Manufacturers Industry. The insider ownership of General Motors Company is 0.27%, while institutional ownership is 95.94%. The most recent insider transaction that took place on Mar 28 ’24, was worth 2,274,667. In this transaction Executive Vice President & GC of this company sold 50,280 shares at a rate of $45.24, taking the stock ownership to the 174,046 shares. Before that another transaction happened on Mar 28 ’24, when Company’s Executive Vice President sold 27,122 for $45.26, making the entire transaction worth $1,227,542. This insider now owns 71,506 shares in total.
General Motors Company (GM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.35% during the next five years compared to 5.58% growth over the previous five years of trading.
General Motors Company (NYSE: GM) Trading Performance Indicators
Take a look at General Motors Company’s (GM) current performance indicators. Last quarter, 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 0.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.31, a number that is poised to hit 2.13 in the next quarter and is forecasted to reach 9.08 in one year’s time.
Technical Analysis of General Motors Company (GM)
Compared to the last year’s volume of 17.39 million, its volume of 13.25 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 13.25%. Additionally, its Average True Range was 0.97.
During the past 100 days, General Motors Company’s (GM) raw stochastic average was set at 79.73%, which indicates a significant increase from 8.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.36% in the past 14 days, which was lower than the 29.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.51, while its 200-day Moving Average is $35.64. Nevertheless, the first resistance level for the watch stands at $42.82 in the near term. At $43.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.60. If the price goes on to break the first support level at $42.05, it is likely to go to the next support level at $41.73. Should the price break the second support level, the third support level stands at $41.28.
General Motors Company (NYSE: GM) Key Stats
The company with the Market Capitalisation of 48.91 billion has total of 1,154,433K Shares Outstanding. Its annual sales at the moment are 171,842 M in contrast with the sum of 10,127 M annual income. Company’s last quarter sales were recorded 42,980 M and last quarter income was 2,102 M.
