General Electric Company (NYSE:GE)went up by 2.01% from its latest closing price when compared to the 1-year high value of $13.25 and move down -44.97%, while GE stocks collected +9.72% of gains with the last five trading sessions. The Wall Street Journal reported 5 hours ago that GE to Give Up Majority Control of Baker Hughes
General Electric Company (NYSE:GE) Worth an Investment?
General Electric Company (NYSE: GE) The 36 Months beta value for GE stocks is at 1.13, while of the analysts out of 0 who provided ratings for General Electric Company stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $11.47 which is $1.62 above current price. GE currently has a short float of 1.50% and public float of 8.67B with average trading volume of 66.53M shares.
GE Market Performance
GE stocks went up by 9.72% for the week, with the monthly drop of -0.11% and a quarterly performance of -9.68%, while its annual performance rate touched -23.32%. The simple moving average for the period of the last 20 days is 7.85% for GE stocks with the simple moving average of -1.42% for the last 200 days.
Analysts’ Opinion on General Electric Company (NYSE:GE)
Many brokerage firms have already submitted their reports for GE stocks, with Morgan Stanley repeating the rating for GE shares by setting it to “Equal-Weight”. The predicted price for GE socks in the upcoming period according to Morgan Stanley is $10 based on the research report published on September 5, 2019.
UBS, on the other hand, stated in their research note that they expect to see GE stock at the price of $11.50, previously predicting the value of $13. The rating they have provided for GE stocks is “Neutral” according to the report published on July 15, 2019.
JP Morgan gave “ Underweight” rating to GE stocks, setting the target price at $5 in the report published on April 8, 2019.
GE Stocks -3.88% Far from 50 Day Moving Average
After a stumble in the market that brought GE to its low price for the period of the last 52 weeks, General Electric Company was unable to take a rebound, for now settling with -31.00% of loss for the given period.
The stock volatility was left at 3.90%, however, within the period of a single month, the volatility rate increased by 4.23%, while the shares surge at the distance of +0.99% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -12.95% lower at the present time.
In the course of the last 5 trading sessions, GE went up by +9.72%, which changed the moving average for the period of 200 days to the total of +19.48% of gains for the stock in comparison to the 20-day moving average settled at $8.48. In addition, General Electric Company saw 25.61% in overturn over the period of a single year with a tendency to cut further gains.
GE Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at General Electric Company (GE), starting from Seidman Leslie, who bought 6,500 shares at the price of $7.80 back on Aug 23. After this action, Rushing now owns 6,500 shares of General Electric Company, valued at $50,700 with the latest closing price.
Timko Thomas S, the Vice President of General Electric Company, bought 10,000 shares at the value of $8.83 during a trade that took place back on Aug 19, which means that Timko Thomas S is holding 10,000 shares at the value of $88,300 based on the most recent closing price.
GE Stock Fundamentals
The current profitability levels are settled at +9.46 for the present operating margin and +28.35 for gross margin. The net margin for General Electric Company stands at -16.96. Total capital return value is set at 6.03, while invested capital returns managed to touch -13.62. Equity return holds the value -56.30%, with -6.00% for asset returns.
Based on General Electric Company (GE), the company’s capital structure generated 354.92 points for debt to equity in total, while total debt to capital is set at the value of 78.02. Total debt to assets is settled at the value of 34.61 with long-term debt to equity ratio rests at 313.51 and long-term debt to capital is 68.90.
EBITDA value lies at +4.57 B with total debt to EBITDA carrying the value of 5.57. The value for Enterprise to Sales is 1.28 with debt to enterprise value settled at 0.68. The receivables turnover for General Electric Company is 3.25 with the total asset turnover at the value of 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.