Goodyear Tire & Rubber Co. (NASDAQ: GT) open the trading on Thursday, with great promise as it jumped 2.76% to $13.02, before settling in for the price of $12.67 at the close. Taking a more long-term approach, GT posted a 52-week range of $10.94-$16.50.
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It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of 7.24% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 494.37%. This publicly-traded company’s shares outstanding now amounts to $283.79 million, simultaneously with a float of $282.01 million. The organization now has a market capitalization sitting at $3.70 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.51, while the 200-day Moving Average is $13.07.
Goodyear Tire & Rubber Co. (GT) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Auto Parts industry. Goodyear Tire & Rubber Co.’s current insider ownership accounts for 0.75%, in contrast to 84.09% institutional ownership. According to the most recent insider trade that took place on Feb 28 ’24, this organization’s EVP & Chief Admin. Officer sold 8,509 shares at the rate of 11.82, making the entire transaction reach 100,579 in total value, affecting insider ownership by 150,441. Preceding that transaction, on Feb 27 ’24, Company’s EVP & Chief Admin. Officer sold 237 for 12.01, making the whole transaction’s value amount to 2,845. This particular insider is now the holder of 150,441 in total.
Goodyear Tire & Rubber Co. (GT) Earnings and Revenue Records
Goodyear Tire & Rubber Co.’s EPS increase for this current 12-month fiscal period is 494.37% and is forecasted to reach 1.85 in the upcoming year.
Goodyear Tire & Rubber Co. (NASDAQ: GT) Trading Performance Indicators
Let’s observe the current performance indicators for Goodyear Tire & Rubber Co. (GT). It’s Quick Ratio in the last reported quarter now stands at 0.60. The Stock has managed to achieve an average true range (ATR) of 0.44. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.19. Similarly, its price to free cash flow for trailing twelve months is now 13.26.
In the same vein, GT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.26, a figure that is expected to reach 0.17 in the next quarter, and analysts are predicting that it will be 1.85 at the market close of one year from today.
Technical Analysis of Goodyear Tire & Rubber Co. (GT)
[Goodyear Tire & Rubber Co., GT] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 82.94% While, its Average True Range was 0.46.
Raw Stochastic average of Goodyear Tire & Rubber Co. (GT) in the period of the previous 100 days is set at 46.32%, which indicates a major fall in contrast to 98.66% 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 23.93% that was lower than 40.03% volatility it exhibited in the past 100-days period.
