Garrett Motion Inc (NASDAQ: GTX) kicked off on Tuesday, down -0.49% from the previous trading day, before settling in for the closing price of $8.18. Over the past 52 weeks, GTX has traded in a range of $6.43-$10.16.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 3.28%. While this was happening, its average annual earnings per share was recorded 726.48%. With a float of $209.81 million, this company’s outstanding shares have now reached $238.25 million.
Let’s determine the extent of company efficiency that accounts for 9700 employees.
Garrett Motion Inc (GTX) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of Garrett Motion Inc is 4.03%, while institutional ownership is 91.16%. The most recent insider transaction that took place on Jul 31 ’24, was worth 122,795. In this transaction Director of this company sold 14,000 shares at a rate of $8.77, taking the stock ownership to the 53,781 shares. Before that another transaction happened on Jul 31 ’24, when Company’s Director proposed sale 14,000 for $8.77, making the entire transaction worth $122,795.
Garrett Motion Inc (GTX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 726.48% per share during the next fiscal year.
Garrett Motion Inc (NASDAQ: GTX) Trading Performance Indicators
Take a look at Garrett Motion Inc’s (GTX) current performance indicators. Last quarter, stock had a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48. Likewise, its price to free cash flow for the trailing twelve months is 5.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.00, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.32 in one year’s time.
Technical Analysis of Garrett Motion Inc (GTX)
Looking closely at Garrett Motion Inc (NASDAQ: GTX), its last 5-days average volume was 0.98 million, which is a jump from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 51.60%. Additionally, its Average True Range was 0.21.
During the past 100 days, Garrett Motion Inc’s (GTX) raw stochastic average was set at 22.71%, which indicates a significant decrease from 50.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.38% in the past 14 days, which was lower than the 35.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.21, while its 200-day Moving Average is $8.93. However, in the short run, Garrett Motion Inc’s stock first resistance to watch stands at $8.24. Second resistance stands at $8.34. The third major resistance level sits at $8.40. If the price goes on to break the first support level at $8.07, it is likely to go to the next support level at $8.01. Should the price break the second support level, the third support level stands at $7.91.
Garrett Motion Inc (NASDAQ: GTX) Key Stats
The company with the Market Capitalisation of 1.78 billion has total of 225,990K Shares Outstanding. Its annual sales at the moment are 3,886 M in contrast with the sum of 261,000 K annual income. Company’s last quarter sales were recorded 890,000 K and last quarter income was 64,000 K.
