Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
General Motors Company (NYSE: GM) closed the day trading at $50.04 down -8.89% from the previous closing price of $54.92. In other words, the price has decreased by -$8.89 from its previous closing price. On the day, 33.72 million shares were traded. GM stock price reached its highest trading level at $50.97 during the session, while it also had its lowest trading level at $48.72.
Ratios:
For a better understanding of GM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 2.06 whereas as Long-Term Debt/Eq ratio is at 1.43.
On December 11, 2024, HSBC Securities Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $58.
Morgan Stanley Upgraded its Underweight to Equal-Weight on December 10, 2024, whereas the target price for the stock was revised from $46 to $54.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 25 ’24 when Harvey Rory sold 8,919 shares for $60.01 per share. The transaction valued at 535,229 led to the insider holds 8,513 shares of the business.
RORY HARVEY bought 8,919 shares of GM for $535,217 on Nov 25 ’24. On Nov 18 ’24, another insider, Glidden Craig B., who serves as the Executive Vice President & GC of the company, sold 383,142 shares for $56.63 each. As a result, the insider received 21,696,752 and left with 122,465 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GM now has a Market Capitalization of 55023984640 and an Enterprise Value of 165768806400. As of this moment, General’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.14, and their Forward P/E ratio for the next fiscal year is 4.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 0.907 whereas that against EBITDA is 9.023.
Stock Price History:
The Beta on a monthly basis for GM is 1.42, which has changed by 0.28969073 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, GM has reached a high of $61.24, while it has fallen to a 52-week low of $34.93. The 50-Day Moving Average of the stock is -6.35%, while the 200-Day Moving Average is calculated to be 3.28%.
Shares Statistics:
Over the past 3-months, GM traded about 10.85M shares per day on average, while over the past 10 days, GM traded about 11135940 shares per day. A total of 1.10B shares are outstanding, with a floating share count of 1.10B. Insiders hold about 0.17% of the company’s shares, while institutions hold 86.39% stake in the company. Shares short for GM as of 1735603200 were 35764202 with a Short Ratio of 2.91, compared to 1732838400 on 34127526. Therefore, it implies a Short% of Shares Outstanding of 35764202 and a Short% of Float of 3.73.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.06.
