The stock of General Motors Company (GM) has seen a -1.78% decrease in the past week, with a 6.17% gain in the past month, and a -2.83% decrease in the past quarter. The volatility ratio for the week is 3.16%, and the volatility levels for the past 30 days are at 2.24% for GM. The simple moving average for the last 20 days is -2.01% for GM stock, with a simple moving average of 9.93% for the last 200 days.
Is It Worth Investing in General Motors Company (NYSE: GM) Right Now?
The price-to-earnings ratio for General Motors Company (NYSE: GM) is 5.21x, which is above its average ratio. Moreover, the 36-month beta value for GM is 1.45. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 13 as “hold,” and 2 as “sell.”
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The public float for GM is 1.12B and currently, short sellers hold a 3.60% of that float. On September 16, 2024, GM’s average trading volume was 14.21M shares.
GM) stock’s latest price update
The stock of General Motors Company (NYSE: GM) has increased by 0.39 when compared to last closing price of 46.12. Despite this, the company has experienced a -1.78% fall in its stock price over the last five trading sessions. accesswire.com reported 2024-09-15 that LOS ANGELES, CA / ACCESSWIRE / September 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dollar General Corporation (“Dollar General” or “the Company”) (NYSE:DG) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Analysts’ Opinion of GM
Many brokerage firms have already submitted their reports for GM stocks, with Deutsche Bank repeating the rating for GM by listing it as a “Hold.” The predicted price for GM in the upcoming period, according to Deutsche Bank is $53 based on the research report published on September 10, 2024 of the current year 2024.
GM Trading at 0.36% from the 50-Day Moving Average
After a stumble in the market that brought GM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.32% of loss for the given period.
Volatility was left at 2.24%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares surge +3.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.88% lower at present.
During the last 5 trading sessions, GM fell by -1.78%, which changed the moving average for the period of 200-days by +62.46% in comparison to the 20-day moving average, which settled at $47.32. In addition, General Motors Company saw 28.90% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GM starting from Harvey Rory, who sale 12,795 shares at the price of $49.02 back on Aug 26 ’24. After this action, Harvey Rory now owns 8,513 shares of General Motors Company, valued at $627,153 using the latest closing price.
Harvey Rory, the Executive Vice President of General Motors Company, sale 2,302 shares at $47.31 during a trade that took place back on Aug 23 ’24, which means that Harvey Rory is holding 10,356 shares at $108,908 based on the most recent closing price.
Stock Fundamentals for GM
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.13 for the gross margin
The net margin for General Motors Company stands at 0.06. The total capital return value is set at 0.06. Equity return is now at value 15.80, with 3.97 for asset returns.
Based on General Motors Company (GM), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 1.62. The interest coverage ratio of the stock is 3.22.
Currently, EBITDA for the company is 23.28 billion with net debt to EBITDA at 4.73. When we switch over and look at the enterprise to sales, we see a ratio of 0.86. The receivables turnover for the company is 3.17for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
Conclusion
To wrap up, the performance of General Motors Company (GM) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
