GE Aerospace (GE) average volume reaches $4.80M: Are the Stars Lining Up for Investors?

GE Aerospace (NYSE: GE) started the day on Thursday, with a price increase of 0.23% at $192.62, before settling in for the price of $192.18 at the close. Taking a more long-term approach, GE posted a 52-week range of $84.16-$194.33.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

In the past 5-years timespan, the Industrials sector firm’s annual sales growth was -6.11%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 89.29%. This publicly-traded company’s shares outstanding now amounts to $1.09 billion, simultaneously with a float of $1.08 billion. The organization now has a market capitalization sitting at $208.86 billion. At the time of writing, stock’s 50-day Moving Average stood at $177.83, while the 200-day Moving Average is $152.31.

GE Aerospace (GE) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Aerospace & Defense Industry. GE Aerospace’s current insider ownership accounts for 0.32%, in contrast to 79.22% institutional ownership. Preceding that transaction, on May 23 ’24, Company’s Senior Vice President sold 45,309 for 162.82, making the whole transaction’s value amount to 7,377,211. This particular insider is now the holder of 112,958 in total.

GE Aerospace (GE) Earnings and Revenue Records

GE Aerospace’s EPS increase for this current 12-month fiscal period is 89.29% and is forecasted to reach 5.23 in the upcoming year.

GE Aerospace (NYSE: GE) Trading Performance Indicators

Let’s observe the current performance indicators for GE Aerospace (GE). It’s Quick Ratio in the last reported quarter now stands at 0.85. The Stock has managed to achieve an average true range (ATR) of 3.57. Alongside those numbers, its PE Ratio stands at $45.71, and its Beta score is 1.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.37. Similarly, its price to free cash flow for trailing twelve months is now 38.41.

In the same vein, GE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.21, a figure that is expected to reach 1.13 in the next quarter, and analysts are predicting that it will be 5.23 at the market close of one year from today.

Technical Analysis of GE Aerospace (GE)

If we take a close look at the recent performances of GE Aerospace (NYSE: GE), its last 5-days Average volume was 3.1 million that shows plunge from its year to date volume of 6.35 million. During the previous 9 days, stock’s Stochastic %D was recorded 73.41% While, its Average True Range was 3.34.

Raw Stochastic average of GE Aerospace (GE) in the period of the previous 100 days is set at 95.11%, which indicates a major rise in contrast to 81.38% 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 16.67% that was lower than 29.78% volatility it exhibited in the past 100-days period.