On Tuesday, Garrett Motion Inc (NASDAQ: GTX) was -0.49% drop from the session before settling in for the closing price of $8.16. A 52-week range for GTX has been $6.43 – $10.16.
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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 3.28%. When this article was written, the company’s average yearly earnings per share was at 726.48%. With a float of $209.80 million, this company’s outstanding shares have now reached $238.25 million.
Considering the fact that the conglomerate employs 9700 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 19.46%, operating margin of 6.33%, and the pretax margin is 8.25%.
Garrett Motion Inc (GTX) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Garrett Motion Inc stocks. The insider ownership of Garrett Motion Inc is 4.03%, while institutional ownership is 91.14%. 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
You can see what Garrett Motion Inc (GTX) is doing with its current performance indicators. In the most recent quarter, the stock posted 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 5.51.
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)
Compared to the last year’s volume of 0.94 million, its volume of 0.65 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 77.32%. Additionally, its Average True Range was 0.19.
During the past 100 days, Garrett Motion Inc’s (GTX) raw stochastic average was set at 21.91%, which indicates a significant decrease from 46.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.54% in the past 14 days, which was lower than the 35.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.08, while its 200-day Moving Average is $8.90. Nevertheless, the first resistance level for the watch stands at $8.22 in the near term. At $8.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.36. 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 $8.02. Should the price break the second support level, the third support level stands at $7.93.
Garrett Motion Inc (NASDAQ: GTX) Key Stats
There are 225,990K outstanding shares of the company, which has a market capitalization of 1.78 billion. As of now, sales total 3,886 M while income totals 261,000 K. Its latest quarter income was 890,000 K while its last quarter net income were 64,000 K.
