Garrett Motion Inc (GTX) poses a Brand-New Opportunity for Investors with beta value of 1.16

Garrett Motion Inc (NASDAQ: GTX) started the day on Thursday, with a price decrease of -7.39% at $7.39, before settling in for the price of $7.98 at the close. Taking a more long-term approach, GTX posted a 52-week range of $6.43-$10.16.

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It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of 3.28% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 726.48%. This publicly-traded company’s shares outstanding now amounts to $238.25 million, simultaneously with a float of $209.80 million. The organization now has a market capitalization sitting at $1.62 billion. At the time of writing, stock’s 50-day Moving Average stood at $8.08, while the 200-day Moving Average is $8.85.

Garrett Motion Inc (GTX) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Auto Parts Industry. Garrett Motion Inc’s current insider ownership accounts for 4.03%, in contrast to 91.19% institutional ownership. According to the most recent insider trade that took place on Jul 31 ’24, this organization’s Director sold 14,000 shares at the rate of 8.77, making the entire transaction reach 122,795 in total value, affecting insider ownership by 53,781.

Garrett Motion Inc (GTX) Earnings and Revenue Records

Garrett Motion Inc’s EPS increase for this current 12-month fiscal period is 726.48% and is forecasted to reach 1.32 in the upcoming year.

Garrett Motion Inc (NASDAQ: GTX) Trading Performance Indicators

Let’s observe the current performance indicators for Garrett Motion Inc (GTX). It’s Quick Ratio in the last reported quarter now stands at 0.72. The Stock has managed to achieve an average true range (ATR) of 0.23. Alongside those numbers, its PE Ratio stands at $7.38, and its Beta score is 1.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.44. Similarly, its price to free cash flow for trailing twelve months is now 5.02.

In the same vein, GTX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.00, a figure that is expected to reach 0.31 in the next quarter, and analysts are predicting that it will be 1.32 at the market close of one year from today.

Technical Analysis of Garrett Motion Inc (GTX)

If we take a close look at the recent performances of Garrett Motion Inc (NASDAQ: GTX), its last 5-days Average volume was 1.07 million that shows progress from its year to date volume of 0.93 million. During the previous 9 days, stock’s Stochastic %D was recorded 24.73% While, its Average True Range was 0.24.

Raw Stochastic average of Garrett Motion Inc (GTX) in the period of the previous 100 days is set at 8.81%, which indicates a major fall in contrast to 22.41% 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 35.49% that was lower than 37.02% volatility it exhibited in the past 100-days period.