On Friday, Goodyear Tire & Rubber Co. (NASDAQ: GT) was -6.00% drop from the session before settling in for the closing price of $9.84. A 52-week range for GT has been $9.75 – $15.93.
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Consumer Cyclical Sector giant saw their annual sales surged by 7.24% over the last five years. When this article was written, the company’s average yearly earnings per share was at 427.53%. With a float of $282.55 million, this company’s outstanding shares have now reached $283.79 million.
The firm has a total of 71000 workers. Let’s measure their productivity.
Goodyear Tire & Rubber Co. (GT) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Goodyear Tire & Rubber Co. stocks. The insider ownership of Goodyear Tire & Rubber Co. is 0.75%, while institutional ownership is 88.24%. The most recent insider transaction that took place on Feb 28 ’24, was worth 100,579. In this transaction EVP & Chief Admin. Officer of this company sold 8,509 shares at a rate of $11.82, taking the stock ownership to the 150,441 shares. Before that another transaction happened on Feb 27 ’24, when Company’s EVP & Chief Admin. Officer sold 237 for $12.01, making the entire transaction worth $2,845. This insider now owns 150,441 shares in total.
Goodyear Tire & Rubber Co. (GT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 427.53% per share during the next fiscal year.
Goodyear Tire & Rubber Co. (NASDAQ: GT) Trading Performance Indicators
You can see what Goodyear Tire & Rubber Co. (GT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.24, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.71 in one year’s time.
Technical Analysis of Goodyear Tire & Rubber Co. (GT)
Analysing the last 5-days average volume posted by the [Goodyear Tire & Rubber Co., GT], we can find that recorded value of 10.44 million was better than the volume posted last year of 3.56 million. As of the previous 9 days, the stock’s Stochastic %D was 14.90%. Additionally, its Average True Range was 0.52.
During the past 100 days, Goodyear Tire & Rubber Co.’s (GT) raw stochastic average was set at 4.95%, which indicates a significant decrease from 6.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.85% in the past 14 days, which was higher than the 40.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.61, while its 200-day Moving Average is $12.73. Now, the first resistance to watch is $9.58. This is followed by the second major resistance level at $9.92. The third major resistance level sits at $10.20. If the price goes on to break the first support level at $8.96, it is likely to go to the next support level at $8.68. Now, if the price goes above the second support level, the third support stands at $8.34.
Goodyear Tire & Rubber Co. (NASDAQ: GT) Key Stats
There are 284,687K outstanding shares of the company, which has a market capitalization of 2.63 billion. As of now, sales total 20,066 M while income totals -689,000 K. Its latest quarter income was 4,537 M while its last quarter net income were -57,000 K.
