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Garrett Motion Inc (NASDAQ: GTX) closed the day trading at $7.96 down -1.24% from the previous closing price of $8.06. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 0.98 million shares were traded. GTX stock price reached its highest trading level at $8.03 during the session, while it also had its lowest trading level at $7.905.
Ratios:
For a better understanding of GTX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.94.
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 this company, BWS Financial on June 03, 2021, initiated with a Buy rating and assigned the stock a target price of $15.
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 Jul 31 ’24 when Steyn Julia sold 14,000 shares for $8.77 per share. The transaction valued at 122,795 led to the insider holds 53,781 shares of the business.
JULIA STEYN bought 14,000 shares of GTX for $122,795 on Jul 31 ’24. On Jul 18 ’24, another insider, CYRUS CAPITAL PARTNERS, L.P., who serves as the 10% Owner of the company, sold 3,779 shares for $10.01 each. As a result, the insider received 37,830 and left with 27,337,398 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, GTX now has a Market Capitalization of 1761969792 and an Enterprise Value of 3162296576. As of this moment, Garrett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.94, and their Forward P/E ratio for the next fiscal year is 6.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47. Its current Enterprise Value per Revenue stands at 0.852 whereas that against EBITDA is 5.587.
Stock Price History:
Over the past 52 weeks, GTX has reached a high of $10.16, while it has fallen to a 52-week low of $6.43. The 50-Day Moving Average of the stock is -2.70%, while the 200-Day Moving Average is calculated to be -10.88%.
Shares Statistics:
Over the past 3-months, GTX traded about 819.94K shares per day on average, while over the past 10 days, GTX traded about 894450 shares per day. A total of 238.25M shares are outstanding, with a floating share count of 209.81M. Insiders hold about 4.03% of the company’s shares, while institutions hold 91.16% stake in the company. Shares short for GTX as of 1726185600 were 7604085 with a Short Ratio of 9.27, compared to 1723680000 on 7502702. Therefore, it implies a Short% of Shares Outstanding of 7604085 and a Short% of Float of 7.1.
