Garrett Motion Inc (NASDAQ: GTX) on Tuesday, plunged -0.89% from the previous trading day, before settling in for the closing price of $7.83. Within the past 52 weeks, GTX’s price has moved between $7.13 and $10.16.
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
Consumer Cyclical Sector giant saw their annual sales surged by 3.28% over the last five years. The company achieved an average annual earnings per share of 687.00%. With a float of $204.81 million, this company’s outstanding shares have now reached $238.25 million.
The firm has a total of 9700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 19.91%, operating margin of 9.84%, and the pretax margin is 8.72%.
Garrett Motion Inc (GTX) Breakdown of a Key Holders of the stock
Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of Garrett Motion Inc is 4.10%, while institutional ownership is 91.05%. The most recent insider transaction that took place on Oct 29 ’24, was worth 373,490. Before that another transaction happened on Oct 29 ’24, when Company’s SVP, Integrated Supply Chain sold 50,000 for $7.47, making the entire transaction worth $373,500. This insider now owns 140,509 shares in total.
Garrett Motion Inc (GTX) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 687.00% per share during the next fiscal year.
Garrett Motion Inc (NASDAQ: GTX) Trading Performance Indicators
Garrett Motion Inc (GTX) is currently performing well based on its current performance indicators. A quick ratio of 0.72 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.46. Likewise, its price to free cash flow for the trailing twelve months is 5.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.01, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.29 in one year’s time.
Technical Analysis of Garrett Motion Inc (GTX)
Analysing the last 5-days average volume posted by the [Garrett Motion Inc, GTX], we can find that recorded value of 0.67 million was lower than the volume posted last year of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 43.56%. Additionally, its Average True Range was 0.24.
During the past 100 days, Garrett Motion Inc’s (GTX) raw stochastic average was set at 21.36%, which indicates a significant decrease from 55.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.44% in the past 14 days, which was lower than the 37.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.93, while its 200-day Moving Average is $8.75. Now, the first resistance to watch is $7.83. This is followed by the second major resistance level at $7.90. The third major resistance level sits at $7.95. If the price goes on to break the first support level at $7.70, it is likely to go to the next support level at $7.65. Now, if the price goes above the second support level, the third support stands at $7.58.
Garrett Motion Inc (NASDAQ: GTX) Key Stats
Market capitalization of the company is 1.66 billion based on 213,562K outstanding shares. Right now, sales total 3,886 M and income totals 261,000 K. The company made 826,000 K in profit during its latest quarter, and 52,000 K in sales during its previous quarter.
