General Motors Company (GM) is -0.52% away from 50-day simple Moving Average despite all headwinds

On Friday, General Motors Company (NYSE: GM) opened higher 0.44% from the last session, before settling in for the closing price of $52.30. Price fluctuations for GM have ranged from $32.83 to $61.24 over the past 52 weeks.

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

A company in the Consumer Cyclical sector has jumped its sales by 3.86% annually for the last half of the decade. Company’s average yearly earnings per share was noted 35.07% at the time writing. With a float of $1.10 billion, this company’s outstanding shares have now reached $1.10 billion.

In an organization with 163000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 11.96%, operating margin of 6.67%, and the pretax margin is 6.68%.

General Motors Company (GM) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Auto Manufacturers industry is another important factor to consider. The insider ownership of General Motors Company is 0.16%, while institutional ownership is 86.54%. The most recent insider transaction that took place on Nov 25 ’24, was worth 535,229. In this transaction Executive Vice President of this company sold 8,919 shares at a rate of $60.01, taking the stock ownership to the 8,513 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Officer proposed sale 8,919 for $60.01, making the entire transaction worth $535,217.

General Motors Company (GM) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 35.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.96% during the next five years compared to 5.58% growth over the previous five years of trading.

General Motors Company (NYSE: GM) Trading Performance Indicators

Check out the current performance indicators for General Motors Company (GM). In the past quarter, the stock posted a quick ratio of 1.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.37, a number that is poised to hit 1.75 in the next quarter and is forecasted to reach 10.66 in one year’s time.

Technical Analysis of General Motors Company (GM)

Let’s dig in a bit further. During the last 5-days, its volume was 9.32 million. That was inferior than the volume of 14.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.53%. Additionally, its Average True Range was 1.57.

During the past 100 days, General Motors Company’s (GM) raw stochastic average was set at 60.91%, which indicates a significant increase from 12.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.49% in the past 14 days, which was higher than the 37.49% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $52.80, while its 200-day Moving Average is $47.08. However, in the short run, General Motors Company’s stock first resistance to watch stands at $52.93. Second resistance stands at $53.34. The third major resistance level sits at $53.85. If the price goes on to break the first support level at $52.01, it is likely to go to the next support level at $51.50. The third support level lies at $51.09 if the price breaches the second support level.

General Motors Company (NYSE: GM) Key Stats

There are currently 1,099,596K shares outstanding in the company with a market cap of 58.02 billion. Presently, the company’s annual sales total 171,842 M according to its annual income of 10,127 M. Last quarter, the company’s sales amounted to 48,757 M and its income totaled 3,056 M.