Is There a Dimmer Outlook Ahead for General Electric Company?

General Electric Company (NYSE:GE) went down by -2.24% from its latest closing price compared to the recent 1-year high of $13.26. The company’s stock price has collected -9.48% of loss in the last five trading sessions. Press Release reported 15 hours ago that Thinking about trading options or stock in Western Digital, Dicks Sporting Goods, General Electric, Twitter, or AstraZeneca?

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Is It Worth Investing in General Electric Company (NYSE :GE) Right Now?

General Electric Company (NYSE:GE) scored a price-to-earnings ratio above its average ratio, recording 16.04 x from its present earnings ratio. Plus, the 36-month beta value for GE is at 0.87.

GE currently public float of 8.73B and currently shorts hold a 0.95% ratio of that float. Today, the average trading volume of GE was 89.80M shares.

GE’s Market Performance

GE stocks went down by -9.48% for the week, with a monthly drop of -7.84% and a quarterly performance of -6.43%, while its annual performance rate touched -31.88%. The volatility ratio for the week stands at 5.90% while the volatility levels for the past 30 days are set at 4.68% for General Electric Company. The simple moving average for the period of the last 20 days is -4.27% for GE stocks with a simple moving average of -26.35% for the last 200 days.

Analysts’ Opinion of GE

Many brokerage firms have already submitted their reports for GE stocks, with Argus repeating the rating for GE by listing it as a “Buy.” The predicted price for GE in the upcoming period, according to Argus is $10 based on the research report published on April 30th of the current year 2020.

Citigroup, on the other hand, stated in their research note that they expect to see GE reach a price target of $9, previously predicting the price at $11. The rating they have provided for GE stocks is “Buy” according to the report published on April 23rd, 2020.

JP Morgan gave a rating of “Neutral” to GE, setting the target price at $8 in the report published on March 02nd of the current year.

GE Trading at -6.41% from the 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, the company was unable to rebound, for now settling with -53.92% of loss for the given period.

Volatility was left at 4.68%, however, over the last 30 days, the volatility rate increased by 5.90%, as shares sank -7.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.19% lower at present.

During the last 5 trading sessions, GE fell by -9.48%, which changed the moving average for the period of 200-days by -44.95% in comparison to the 20-day moving average, which settled at $6.36. In addition, General Electric Company saw -45.25% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at GE starting from GARDEN EDWARD P, who sale 11,586,206 shares at the price of $6.22 back on Aug 05. After this action, GARDEN EDWARD P now owns 32,131,316 shares of General Electric Company, valued at $72,068,519 using the latest closing price.

GARDEN EDWARD P, the Director of General Electric Company, sale 10,761,857 shares at $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 $66,261,830 based on the most recent closing price.

Stock Fundamentals for GE

Current profitability levels for the company are sitting at:

  • +9.22 for the present operating margin
  • +29.96 for the gross margin

The net margin for General Electric Company stands at +0.44. The total capital return value is set at 6.12, while invested capital returns managed to touch 0.37. Equity return is now at value -16.30, with -1.90 for asset returns.

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Based on General Electric Company (GE), the company’s capital structure generated 332.12 points at debt to equity in total, while total debt to capital is 76.86. Total debt to assets is 34.31, with long-term debt to equity ratio resting at 251.52. Finally, the long-term debt to capital ratio is 58.19.

Currently, EBITDA for the company is 868.00M with total debt to EBITDA at 6.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.65, with the company’s debt to enterprise value settled at 0.60. The receivables turnover for the company is 3.12 and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.

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