Goldman Sachs Group, Inc (GS) 20 Days SMA touches 4.66%: The odds favor the bear

On Tuesday, Goldman Sachs Group, Inc (NYSE: GS) opened lower -1.12% from the last session, before settling in for the closing price of $587.99. Price fluctuations for GS have ranged from $334.55 to $607.15 over the past 52 weeks.

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Financial Sector giant saw their annual sales surged by 18.16% over the last five years. Company’s average yearly earnings per share was noted 59.66% at the time writing. With a float of $312.45 million, this company’s outstanding shares have now reached $323.38 million.

The firm has a total of 45300 workers. Let’s measure their productivity. In terms of profitability, gross margin is 65.56%, operating margin of 32.14%, and the pretax margin is 30.21%.

Goldman Sachs Group, Inc (GS) Insider Activity

A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Goldman Sachs Group, Inc is 0.46%, while institutional ownership is 74.17%. The most recent insider transaction that took place on Nov 11 ’24, was worth 2,996,975. In this transaction Executive Vice President of this company sold 4,975 shares at a rate of $602.41, taking the stock ownership to the 12,132 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Director sold 10,000 for $594.96, making the entire transaction worth $5,949,640. This insider now owns 2,450 shares in total.

Goldman Sachs Group, Inc (GS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 59.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.89% during the next five years compared to -1.98% drop over the previous five years of trading.

Goldman Sachs Group, Inc (NYSE: GS) Trading Performance Indicators

Check out the current performance indicators for Goldman Sachs Group, Inc (GS). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.48. Likewise, its price to free cash flow for the trailing twelve months is 4.85.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 34.08, a number that is poised to hit 8.07 in the next quarter and is forecasted to reach 42.19 in one year’s time.

Technical Analysis of Goldman Sachs Group, Inc (GS)

Analysing the last 5-days average volume posted by the [Goldman Sachs Group, Inc, GS], we can find that recorded value of 1.9 million was lower than the volume posted last year of 2.22 million. As of the previous 9 days, the stock’s Stochastic %D was 52.49%. Additionally, its Average True Range was 13.64.

During the past 100 days, Goldman Sachs Group, Inc’s (GS) raw stochastic average was set at 84.82%, which indicates a significant increase from 73.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.95% in the past 14 days, which was higher than the 32.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $522.35, while its 200-day Moving Average is $463.48. Now, the first resistance to watch is $585.59. This is followed by the second major resistance level at $589.80. The third major resistance level sits at $594.85. If the price goes on to break the first support level at $576.34, it is likely to go to the next support level at $571.30. Should the price break the second support level, the third support level stands at $567.09.

Goldman Sachs Group, Inc (NYSE: GS) Key Stats

There are currently 313,910K shares outstanding in the company with a market cap of 182.50 billion. Presently, the company’s annual sales total 46,254 M according to its annual income of 8,516 M. Last quarter, the company’s sales amounted to 12,699 M and its income totaled 2,990 M.