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As of close of business last night, General Motors Company’s stock clocked out at $45.73, down -4.87% from its previous closing price of $48.07. In other words, the price has decreased by -$4.87 from its previous closing price. On the day, 22.88 million shares were traded. GM stock price reached its highest trading level at $46.4399 during the session, while it also had its lowest trading level at $44.98.
Ratios:
To gain a deeper understanding of GM’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 51396861952 and an Enterprise Value of 159960956928. As of this moment, General’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.14, and their Forward P/E ratio for the next fiscal year is 4.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.40. 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 0.73. Its current Enterprise Value per Revenue stands at 0.898 whereas that against EBITDA is 8.898.
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 -1.05%, while the 200-Day Moving Average is calculated to be 6.91%.
Shares Statistics:
It appears that GM traded 13.53M shares on average per day over the past three months and 13515960 shares per day over the past ten days. 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 87.76% stake in the company. Shares short for GM as of 1724976000 were 40368887 with a Short Ratio of 2.52, compared to 1722384000 on 35134681. Therefore, it implies a Short% of Shares Outstanding of 40368887 and a Short% of Float of 4.1100003.
Dividends & Splits
With its trailing 12-month dividend rate of 0.42, GM has a forward annual dividend rate of 0.45. Against a Trailing Annual Dividend Yield of 0.008737258The stock’s 5-year Average Dividend Yield is 4.06.
