General Motors Company (NYSE: GM) on Friday, plunged -2.25% from the previous trading day, before settling in for the closing price of $51.00. Within the past 52 weeks, GM’s price has moved between $34.32 and $61.24.
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Annual sales at Consumer Cyclical sector company grew by 6.50% over the past five years. The company achieved an average annual earnings per share of 34.88%. With a float of $1.10 billion, this company’s outstanding shares have now reached $1.10 billion.
Let’s look at the performance matrix of the company that is accounted for 163000 employees. 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 Updates
Observing investor behavior towards Auto Manufacturers industry stocks is more important than anything else. The insider ownership of General Motors Company is 0.16%, while institutional ownership is 86.43%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 34.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.19% 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
General Motors Company (GM) is currently performing well based on its current performance indicators. A quick ratio of 1.03 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 0.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.37, a number that is poised to hit 1.73 in the next quarter and is forecasted to reach 10.66 in one year’s time.
Technical Analysis of General Motors Company (GM)
General Motors Company (NYSE: GM) saw its 5-day average volume 8.57 million, a negative change from its year-to-date volume of 8.84 million. As of the previous 9 days, the stock’s Stochastic %D was 10.76%. Additionally, its Average True Range was 1.59.
During the past 100 days, General Motors Company’s (GM) raw stochastic average was set at 34.69%, which indicates a significant increase from 1.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.84% in the past 14 days, which was lower than the 36.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.77, while its 200-day Moving Average is $48.03. Nevertheless, the first resistance level for the watch stands at $50.54 in the near term. At $51.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $51.62. If the price goes on to break the first support level at $49.46, it is likely to go to the next support level at $49.07. Assuming the price breaks the second support level, the third support level stands at $48.38.
General Motors Company (NYSE: GM) Key Stats
Market capitalization of the company is 54.81 billion based on 1,099,596K outstanding shares. Right now, sales total 171,842 M and income totals 10,127 M. The company made 48,757 M in profit during its latest quarter, and 3,056 M in sales during its previous quarter.
