Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. General Motors Company’s current trading price is -14.14% away from its 52-week high, while its distance from the 52-week low is 34.96%. The stock’s price range during this period has varied between $38.96 and $61.24. The company, active in the Consumer Cyclical sector, saw a trading volume of around 6.91 million for the day, considerably lower average daily volume of 9.88 million observed over the last three months.
General Motors Company (GM) currently has a stock price of $52.58. The stock saw a sharp increase in the last trading session, hitting a high of $80.0 after opening at $52.58. The lowest recorded price for the day was $38.0 before it closed at $52.77.
General Motors Company had a pretty Dodgy run when it comes to the market performance.
How Financial Performance Impacts Market Capitalization
General Motors Company (GM) has experienced a quarterly rise of 15.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 50.06B and boasts a workforce of 162000 employees.
Decoding Analysts’ Ratings for General Motors Company
As of right now, 10 analysts are rating General Motors Company as a BUY, 5 of the polled analysts branded the stock as an OVERWEIGHT, 12 analysts are recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 48.93, with a change in price of +4.68. Similarly, General Motors Company recorded 12,209,240 in trading volume during the last 100 days, posting a change of +9.77%.
How GM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GM stands at 2.05. Similarly, the long-term debt-to-equity ratio is also 1.47.
GM Stock Stochastic Average
As of today, the raw stochastic average of General Motors Company over the last 50 days is at 73.02%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 63.53%. Further, the company’s Stochastic %K and %D values for the last 20 days were 64.33% and 66.43%, respectively.
GM Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 21.24%.However, over the last six months, we can see a weaker performance of 9.77%. Over the last 30 days, the price of GM has fallen by 1.47%. And in the last five days, it has surged by 0.90%.
