GTX has 36-month beta value of 1.22. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 2 as “sell.”
The public float for GTX is 218.20M, and currently, short sellers hold a 2.56% ratio of that float. The average trading volume of GTX on May 10, 2024 was 1.12M shares.
GTX) stock’s latest price update
The stock of Garrett Motion Inc (NASDAQ: GTX) has increased by 0.96 when compared to last closing price of 9.38. Despite this, the company has experienced a -2.97% fall in its stock price over the last five trading sessions. InvestorPlace reported 2024-05-07 that Finding value stocks to buy — especially if you’re trying to emulate Warren Buffett — isn’t nearly as easy as copying trades from Berkshire Hathaway (NYSE: BRK-A, NYSE: BRK-B ). Something many amateur Buffett aficionados overlook is that, when it comes to finding value stocks to buy, Warren Buffett’s choices are surprisingly slim.
GTX’s Market Performance
Garrett Motion Inc (GTX) has seen a -2.97% fall in stock performance for the week, with a -4.63% decline in the past month and a 14.37% surge in the past quarter. The volatility ratio for the week is 2.71%, and the volatility levels for the past 30 days are at 3.22% for GTX. The simple moving average for the past 20 days is -0.60% for GTX’s stock, with a 12.04% simple moving average for the past 200 days.
Analysts’ Opinion of GTX
Many brokerage firms have already submitted their reports for GTX stocks, with BWS Financial repeating the rating for GTX by listing it as a “Buy.” The predicted price for GTX in the upcoming period, according to BWS Financial is $15 based on the research report published on June 03, 2021 of the previous year 2021.
GTX Trading at -1.87% from the 50-Day Moving Average
After a stumble in the market that brought GTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.79% of loss for the given period.
Volatility was left at 3.22%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares sank -3.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.32% upper at present.
During the last 5 trading sessions, GTX fell by -2.97%, which changed the moving average for the period of 200-days by +29.90% in comparison to the 20-day moving average, which settled at $9.51. In addition, Garrett Motion Inc saw -2.07% 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 GTX starting from CYRUS CAPITAL PARTNERS, L.P., who sale 271,889 shares at the price of $9.99 back on Apr 09 ’24. After this action, CYRUS CAPITAL PARTNERS, L.P. now owns 27,341,177 shares of Garrett Motion Inc, valued at $2,717,286 using the latest closing price.
CYRUS CAPITAL PARTNERS, L.P., the 10% Owner of Garrett Motion Inc, sale 58,306 shares at $9.96 during a trade that took place back on Apr 08 ’24, which means that CYRUS CAPITAL PARTNERS, L.P. is holding 27,613,066 shares at $580,634 based on the most recent closing price.
Stock Fundamentals for GTX
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.19 for the gross margin
The net margin for Garrett Motion Inc stands at 0.06. The total capital return value is set at 0.22.
Based on Garrett Motion Inc (GTX), the company’s capital structure generated 1.77 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at -2.29. The interest coverage ratio of the stock is 1.51.
Currently, EBITDA for the company is -2.0 million with net debt to EBITDA at 3.69. When we switch over and look at the enterprise to sales, we see a ratio of 0.95. The receivables turnover for the company is 4.87for trailing twelve months and the total asset turnover is 1.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.01.
Conclusion
To put it simply, Garrett Motion Inc (GTX) has had a mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
