General Motors Company (NYSE:GM) shares, rose in value, with the stock price up by 0.14% to the previous day’s close as strong demand from buyers drove the stock to $52.38.
Actively observing the price movement in the recent trading, the stock is buoying the session at $52.30, falling within a range of $51.91 and $52.56. The value of beta (5-year monthly) is 1.414 whereas the PE ratio is 5.59 over 12-month period. Referring to stock’s 52-week performance, its high was $61.24, and the low was $32.83. On the whole, GM has fluctuated by -9.24% over the past month.
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With the market capitalization of General Motors Company currently standing at about $57.59 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.48, with its dividend yield at 0.92%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GM’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.35, with the price of GM currently trading nearly -4.30% and -0.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.83, while the 7-day volatility ratio is showing 2.69% which for the 30-day chart, stands at 2.86%. Furthermore, General Motors Company (GM)’s beta value is 1.43, and its average true range (ATR) is 1.54.
A comparison of General Motors Company (GM) with its peers suggests the former has fared considerably weaker in the market. GM showed an intraday change of 0.14% in today’s session so far, and over the past year, it grew by 54.09%%.
Data on historical trading for General Motors Company (NYSE:GM) indicates that the trading volumes over the past 10 days have averaged 10.25 and over the past 3 months, they’ve averaged 12.83 million. According to company’s latest data on outstanding shares, there are 1.10 billion shares outstanding.
Nearly 0.16% of General Motors Company’s shares belong to company insiders and institutional investors own 86.56% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 34.13 million shares as on 2024-11-29, resulting in a short ratio of 2.61. According to the data, the short interest in General Motors Company (GM) stood at 356.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 29.65 million. The stock has risen by 45.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GM stock heading into the next quarter.
