For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Goodyear Tire & Rubber Co’s stock clocked out at $8.97, up 2.87% from its previous closing price of $8.72. In other words, the price has increased by $2.87 from its previous closing price. On the day, 4.79 million shares were traded.
Ratios:
To gain a deeper understanding of GT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 1.85 whereas as Long-Term Debt/Eq ratio is at 1.51.
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 13 ’24 when MCGLADE JOHN E bought 31,408 shares for $8.03 per share. The transaction valued at 252,206 led to the insider holds 31,408 shares of the business.
KOELLNER LAURETTE T bought 26,000 shares of GT for $205,400 on Aug 12 ’24. The Director now owns 26,000 shares after completing the transaction at $7.90 per share. On Aug 12 ’24, another insider, Phillips David Emmitt, who serves as the Sr VP and General Counsel of the company, sold 77,009 shares for $7.89 each. As a result, the insider received 607,601 and left with 0 shares of the company.
Valuation Measures:
As of this moment, Goodyear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.17, and their Forward P/E ratio for the next fiscal year is 4.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.54.
Stock Price History:
Over the past 52 weeks, GT has reached a high of $13.86, while it has fallen to a 52-week low of $7.27. The 50-Day Moving Average of the stock is -0.94%, while the 200-Day Moving Average is calculated to be -6.78%.
Shares Statistics:
A total of 284.97M shares are outstanding, with a floating share count of 257.78M. Insiders hold about 9.54% of the company’s shares, while institutions hold 85.76% stake in the company.
