Closing Figures Unveiled: General Motors Company (GM) Drop -3.53, Closes at 44.84

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on 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

General Motors Company (NYSE: GM) closed the day trading at $44.84 down -3.53% from the previous closing price of $46.48. In other words, the price has decreased by -$3.53 from its previous closing price. On the day, 20.15 million shares were traded. GM stock price reached its highest trading level at $45.9 during the session, while it also had its lowest trading level at $44.47.

Ratios:

For a better understanding of GM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 1.84 whereas as Long-Term Debt/Eq ratio is at 1.29.

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 the company, Morgan Stanley on September 25, 2024, Downgraded its rating to Underweight and sets its target price to $42 from $47 previously.

On September 23, 2024, Bernstein Downgraded its rating to Mkt Perform which previously was Outperform but kept the price unchanged to $53.

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 Aug 26 ’24 when Harvey Rory sold 12,795 shares for $49.02 per share. The transaction valued at 627,153 led to the insider holds 8,513 shares of the business.

Harvey Rory sold 2,302 shares of GM for $108,908 on Aug 23 ’24. The Executive Vice President now owns 10,356 shares after completing the transaction at $47.31 per share. On Aug 26 ’24, another insider, RORY HARVEY, who serves as the Officer of the company, bought 12,795 shares for $49.02 each.

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 52239945728 and an Enterprise Value of 158960664576. As of this moment, General’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.04, and their Forward P/E ratio for the next fiscal year is 4.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.893 whereas that against EBITDA is 8.842.

Stock Price History:

Over the past 52 weeks, GM has reached a high of $50.50, while it has fallen to a 52-week low of $26.30. The 50-Day Moving Average of the stock is -2.50%, while the 200-Day Moving Average is calculated to be 4.37%.

Shares Statistics:

Over the past 3-months, GM traded about 13.63M shares per day on average, while over the past 10 days, GM traded about 14709170 shares per day. A total of 1.20B shares are outstanding, with a floating share count of 1.12B. Insiders hold about 0.20% of the company’s shares, while institutions hold 87.74% stake in the company. Shares short for GM as of 1726185600 were 34112376 with a Short Ratio of 2.50, compared to 1723680000 on 37077328. Therefore, it implies a Short% of Shares Outstanding of 34112376 and a Short% of Float of 3.47.

Dividends & Splits

GM’s forward annual dividend rate is 0.45, up from 0.42 a year ago. Against a Trailing Annual Dividend Yield of 0.009036144The stock’s 5-year Average Dividend Yield is 4.06.

Most Popular