General Electric Company (NYSE:GE) went down by -2.37% from its latest closing price when compared to the 1-year high value of $13.26 and move down -114.22%, while GE stocks collected -6.07% of loss with the last five trading sessions. Barron's reported 0 hour ago that What Siemens’ Spinoff of Power Unit Means for GE
General Electric Company (NYSE:GE) Worth an Investment?
General Electric Company (NYSE: GE) scored price to earnings ratio above its average ratio, recording 16.25 times of increase in earnings at the present.
GE Market Performance
GE stocks went down by -6.07% for the week, with the monthly jump of 1.31% and a quarterly performance of -15.90%, while its annual performance rate touched -25.69%. The simple moving average for the period of the last 20 days is -4.51% for GE stocks with the simple moving average of -28.59% 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 Argus repeating the rating for GE shares by setting it to “Buy”. The predicted price for GE socks in the upcoming period according to Argus is $10 based on the research report published on April 30, 2020.
Citigroup, on the other hand, stated in their research note that they expect to see GE stock at the price of $9, previously predicting the value of $11. The rating they have provided for GE stocks is “Buy” according to the report published on April 23, 2020.
JP Morgan gave “ Neutral” rating to GE stocks, setting the target price at $8 in the report published on March 2, 2020.
GE Stocks -7.00% 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 -53.32% of loss for the given period.
The stock volatility was left at 3.55%, however, within the period of a single month, the volatility rate increased by 3.77%, while the shares surge at the distance of +0.81% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -12.07% lower at the present time.
In the course of the last 5 trading sessions, GE went down by -6.07%, which changed the moving average for the period of 200 days to the total of -45.17% of losses for the stock in comparison to the 20-day moving average settled at $6.49. In addition, General Electric Company saw -44.53% in overturn over the period of a single year with a tendency to cut further losses.
GE Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at General Electric Company (GE), starting from GARDEN EDWARD P, who sold 11,586,206 shares at the price of $6.22 back on Aug 05. After this action, Rushing now owns 32,131,316 shares of General Electric Company, valued at $72,068,519 with the latest closing price.
GARDEN EDWARD P, the Director of General Electric Company, sold 10,761,857 shares at the value of $6.16 during a trade that took place back on Aug 04, which means that GARDEN EDWARD P is holding 43,717,522 shares at the value of $66,261,830 based on the most recent closing price.
GE Stock Fundamentals
The current profitability levels are settled at +9.22 for the present operating margin and +29.96 for gross margin. The net margin for General Electric Company stands at +0.44. Total capital return value is set at 6.12, while invested capital returns managed to touch 0.37. Equity return holds the value -16.30%, with -1.90% for asset returns.
Based on General Electric Company (GE), the company’s capital structure generated 332.12 points for debt to equity in total, while total debt to capital is set at the value of 76.86. Total debt to assets is settled at the value of 34.31 with long-term debt to equity ratio rests at 2.03 and long-term debt to capital is 251.52.
The value for Enterprise to Sales is 1.65 with debt to enterprise value settled at 0.60. The receivables turnover for General Electric Company is 3.12 with the total asset turnover at the value of 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.