Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, General Motors Company (NYSE: GM) closed at $51.37 down -3.57% from its previous closing price of $53.27. In other words, the price has decreased by -$3.57 from its previous closing price. On the day, 10.17 million shares were traded. GM stock price reached its highest trading level at $53.47 during the session, while it also had its lowest trading level at $51.024.
Ratios:
For a deeper understanding of General Motors Company’s stock, let’s take a closer look at its various ratios. 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 December 10, 2024, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also upped its target price recommendation from $46 to $54.
DZ Bank Downgraded its Buy to Hold on October 11, 2024, while the target price for the stock was maintained at $49.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 25 ’24 when Harvey Rory sold 8,919 shares for $60.01 per share. The transaction valued at 535,229 led to the insider holds 8,513 shares of the business.
RORY HARVEY bought 8,919 shares of GM for $535,217 on Nov 25 ’24. On Nov 18 ’24, another insider, Glidden Craig B., who serves as the Executive Vice President & GC of the company, sold 383,142 shares for $56.63 each. As a result, the insider received 21,696,752 and left with 122,465 shares of the company.
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 56486449152 and an Enterprise Value of 161865236480. As of this moment, General’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.48, and their Forward P/E ratio for the next fiscal year is 4.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.886 whereas that against EBITDA is 8.811.
Stock Price History:
Over the past 52 weeks, GM has reached a high of $61.24, while it has fallen to a 52-week low of $34.32. The 50-Day Moving Average of the stock is -4.67%, while the 200-Day Moving Average is calculated to be 7.45%.
Shares Statistics:
For the past three months, GM has traded an average of 12.06M shares per day and 9489410 over the past ten days. A total of 1.10B shares are outstanding, with a floating share count of 1.10B. Insiders hold about 0.16% of the company’s shares, while institutions hold 86.48% stake in the company. Shares short for GM as of 1734048000 were 36714128 with a Short Ratio of 3.04, compared to 1731628800 on 34716920. Therefore, it implies a Short% of Shares Outstanding of 36714128 and a Short% of Float of 3.83.
Dividends & Splits
According to the company, the forward annual dividend rate for GM is 0.48, from 0.45 in the trailing year. Against a Trailing Annual Dividend Yield of 0.008447532The stock’s 5-year Average Dividend Yield is 4.06.
