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The price of General Motors Company (NYSE: GM) closed at $52.72 in the last session, down -0.38% from day before closing price of $52.92. In other words, the price has decreased by -$0.38 from its previous closing price. On the day, 11.77 million shares were traded. GM stock price reached its highest trading level at $54.295 during the session, while it also had its lowest trading level at $52.48.
Ratios:
We take a closer look at GM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.80 whereas as Long-Term Debt/Eq ratio is at 1.29.
On September 25, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $47 to $42.
Bernstein Downgraded its Outperform to Mkt Perform on September 23, 2024, while the target price for the stock was maintained at $53.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 23 ’24 when Harvey Rory sold 9,307 shares for $54.01 per share. The transaction valued at 502,671 led to the insider holds 8,513 shares of the business.
Barra Mary T sold 506,824 shares of GM for $27,029,630 on Oct 23 ’24. The Chair & CEO now owns 694,548 shares after completing the transaction at $53.33 per share. On Oct 23 ’24, another insider, RORY HARVEY, who serves as the Officer of the company, bought 9,307 shares for $54.01 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 58190753792 and an Enterprise Value of 163349692416. As of this moment, General’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.63, and their Forward P/E ratio for the next fiscal year is 5.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 0.894 whereas that against EBITDA is 8.892.
Stock Price History:
Over the past 52 weeks, GM has reached a high of $54.19, while it has fallen to a 52-week low of $26.30. The 50-Day Moving Average of the stock is 10.80%, while the 200-Day Moving Average is calculated to be 19.46%.
Shares Statistics:
According to the various share statistics, GM traded on average about 13.67M shares per day over the past 3-months and 13851210 shares per day over the past 10 days. A total of 1.20B shares are outstanding, with a floating share count of 1.10B. Insiders hold about 0.20% of the company’s shares, while institutions hold 89.64% stake in the company. Shares short for GM as of 1727654400 were 30674661 with a Short Ratio of 2.24, compared to 1724976000 on 40368887. Therefore, it implies a Short% of Shares Outstanding of 30674661 and a Short% of Float of 3.1199999999999997.
Dividends & Splits
The forward annual dividend rate for GM is 0.45, which was 0.45 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.008503402The stock’s 5-year Average Dividend Yield is 4.06.
