GE Aerospace (NYSE: GE) on Friday, soared 1.37% from the previous trading day, before settling in for the closing price of $178.70. Within the past 52 weeks, GE’s price has moved between $94.24 and $194.80.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Industrials sector was -6.11%. The company achieved an average annual earnings per share of 92.60%. With a float of $1.08 billion, this company’s outstanding shares have now reached $1.09 billion.
Considering the fact that the conglomerate employs 125000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 30.49%, operating margin of 9.51%, and the pretax margin is 13.26%.
GE Aerospace (GE) Breakdown of a Key Holders of the stock
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of GE Aerospace is 0.26%, while institutional ownership is 78.51%. The most recent insider transaction that took place on Nov 18 ’24, was worth 2,772,444. In this transaction Senior Vice President of this company sold 15,550 shares at a rate of $178.29, taking the stock ownership to the 148,857 shares. Before that another transaction happened on Nov 18 ’24, when Company’s Officer proposed sale 15,550 for $178.29, making the entire transaction worth $2,772,420.
GE Aerospace (GE) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 92.60% per share during the next fiscal year.
GE Aerospace (NYSE: GE) Trading Performance Indicators
GE Aerospace (GE) is currently performing well based on its current performance indicators. A quick ratio of 0.85 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 3.65. Likewise, its price to free cash flow for the trailing twelve months is 37.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.67, a number that is poised to hit 1.05 in the next quarter and is forecasted to reach 5.24 in one year’s time.
Technical Analysis of GE Aerospace (GE)
Compared to the last year’s volume of 6.18 million, its volume of 3.44 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.31%. Additionally, its Average True Range was 4.03.
During the past 100 days, GE Aerospace’s (GE) raw stochastic average was set at 69.39%, which indicates a significant increase from 59.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.28% in the past 14 days, which was lower than the 33.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $183.22, while its 200-day Moving Average is $161.98. Nevertheless, the first resistance level for the watch stands at $182.33 in the near term. At $183.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $185.29. If the price goes on to break the first support level at $179.37, it is likely to go to the next support level at $177.60. Now, if the price goes above the second support level, the third support stands at $176.41.
GE Aerospace (NYSE: GE) Key Stats
Market capitalization of the company is 198.75 billion based on 1,082,294K outstanding shares. Right now, sales total 67,954 M and income totals 9,480 M. The company made 9,842 M in profit during its latest quarter, and 1,852 M in sales during its previous quarter.
