GE HealthCare Technologies Inc’s Mixed Bag: Up 32.09% in 6 Months, Up -3.36% in 30 Days

GE HealthCare Technologies Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $94.50 on 03/08/24, while the lowest price during the same period was $62.35 on 10/30/23.

52-week price history of GEHC Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. GE HealthCare Technologies Inc’s current trading price is -5.17% away from its 52-week high, while its distance from the 52-week low is 43.72%. The stock’s price range for this period has remained between $62.35 and $94.50. The Healthcare sector company’s shares managed to surpass a trading volume of around 1.92 million for the day, which was noticeably lower compared to the shares’ average daily volume of 3.61 million over the last three months.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Financial Performance and Market Capitalization

GE HealthCare Technologies Inc (GEHC) has experienced a quarterly rise of 17.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 40.80B and boasts a workforce of 51000 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 79.49, with a change in price of +18.80. Similarly, GE HealthCare Technologies Inc recorded 3,158,063 in trading volume during the last 100 days, posting a change of +26.59%.

GEHC Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GEHC stands at 1.38. Similarly, the long-term debt-to-equity ratio is also 1.23.

GEHC Stock Stochastic Average

As of today, the raw stochastic average of GE HealthCare Technologies Inc over the last 50 days is at 78.44%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 37.11%. Further, the company’s Stochastic %K and %D values for the last 20 days were 31.40% and 39.26%, respectively.

GEHC Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price gain of 15.89% this year. Over the last six months, there has been a weaker performance of 32.09%. The price of GEHC leaped by -3.36% during the last 30 days period. For the last 5-days stocks have improved 0.61%.

On Key

Related Posts