A new trading day began on Thursday, with GE Vernova Inc (NYSE: GEV) stock price down -1.40% from the previous day of trading, before settling in for the closing price of $328.16. GEV’s price has ranged from $131.25 to $447.50 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
During the last 5-year period, the sales growth of Utilities Sector giant was 2.35%. Meanwhile, its annual earnings per share averaged 1116.62%. With a float of $273.18 million, this company’s outstanding shares have now reached $275.88 million.
Let’s determine the extent of company efficiency that accounts for 76800 employees. In terms of profitability, gross margin is 17.52%, operating margin of 1.71%, and the pretax margin is 5.35%.
GE Vernova Inc (GEV) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Renewable Industry. The insider ownership of GE Vernova Inc is 0.06%, while institutional ownership is 79.62%.
GE Vernova Inc (GEV) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1116.62% per share during the next fiscal year.
GE Vernova Inc (NYSE: GEV) Trading Performance Indicators
Here are GE Vernova Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.53. Likewise, its price to free cash flow for the trailing twelve months is 52.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.63, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 11.10 in one year’s time.
Technical Analysis of GE Vernova Inc (GEV)
Looking closely at GE Vernova Inc (NYSE: GEV), its last 5-days average volume was 2.76 million, which is a drop from its year-to-date volume of 4.2 million. As of the previous 9 days, the stock’s Stochastic %D was 88.91%. Additionally, its Average True Range was 22.67.
During the past 100 days, GE Vernova Inc’s (GEV) raw stochastic average was set at 36.52%, which indicates a significant decrease from 81.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 92.04% in the past 14 days, which was higher than the 72.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $325.90, while its 200-day Moving Average is $285.50. However, in the short run, GE Vernova Inc’s stock first resistance to watch stands at $335.10. Second resistance stands at $346.65. The third major resistance level sits at $353.31. If the price goes on to break the first support level at $316.89, it is likely to go to the next support level at $310.23. Now, if the price goes above the second support level, the third support stands at $298.68.
GE Vernova Inc (NYSE: GEV) Key Stats
With a market capitalization of 88.44 billion, the company has a total of 273,346K Shares Outstanding. Currently, annual sales are 34,935 M while annual income is 1,552 M. The company’s previous quarter sales were 10,558 M while its latest quarter income was 484,000 K.
