Closing Figures Unveiled: GE Vernova Inc. (GEV) Gain 1.82, Closes at 179.65

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

GE Vernova Inc. (NYSE: GEV) closed the day trading at $179.65 up 1.82% from the previous closing price of $176.44. In other words, the price has increased by $1.82 from its previous closing price. On the day, 1.55 million shares were traded. GEV stock price reached its highest trading level at $180.26 during the session, while it also had its lowest trading level at $175.315.

Ratios:

For a better understanding of GEV, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, HSBC Securities on August 12, 2024, initiated with a Buy rating and assigned the stock a target price of $215.

On August 01, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $175 to $220.

On July 02, 2024, Redburn Atlantic started tracking the stock assigning a Neutral rating and target price of $178.Redburn Atlantic initiated its Neutral rating on July 02, 2024, with a $178 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GEV now has a Market Capitalization of 49368174592 and an Enterprise Value of 45550186496. Its current Enterprise Value per Revenue stands at 1.349 whereas that against EBITDA is 28.504.

Stock Price History:

Over the past 52 weeks, GEV has reached a high of $185.50, while it has fallen to a 52-week low of $115.00. The 50-Day Moving Average of the stock is 4.76%, while the 200-Day Moving Average is calculated to be 10.94%.

Shares Statistics:

Over the past 3-months, GEV traded about 3.15M shares per day on average, while over the past 10 days, GEV traded about 2976290 shares per day. A total of 274.80M shares are outstanding, with a floating share count of 274.58M. Insiders hold about 0.08% of the company’s shares, while institutions hold 36.47% stake in the company. Shares short for GEV as of 1722384000 were 4049411 with a Short Ratio of 1.29, compared to 1719532800 on 6843787.

Most Popular