GE Aerospace (NYSE:GE) shares, rose in value on Wednesday, March 26, with the stock price down by -2.24% to the previous day’s close as strong demand from buyers drove the stock to $207.37.
Actively observing the price movement in the last trading, the stock closed the session at $212.13, falling within a range of $206.7 and $214.21. The value of beta (5-year monthly) was 1.196 whereas the PE ratio was 34.72 over 12-month period. Referring to stock’s 52-week performance, its high was $212.76, and the low was $133.99. On the whole, GE has fluctuated by 4.06% over the past month.
With the market capitalization of GE Aerospace currently standing at about $222.57 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-22. The company’s Forward Dividend Ratio is 1.48, with its dividend yield at 0.71%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 39.29B, with a low estimate of 8.92B and a high estimate of 9.26B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 9.06B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GE’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% 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 1.98, with the price of GE currently trading nearly 3.27% and 3.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.46, while the 7-day volatility ratio is showing 2.13% which for the 30-day chart, stands at 2.68%. Furthermore, GE Aerospace (GE)’s beta value is 1.05, and its average true range (ATR) is 5.32.
A comparison of GE Aerospace (GE) with its peers suggests the former has fared considerably weaker in the market. GE showed an intraday change of -2.24% in last session, and over the past year, it grew by 48.45%%.
Data on historical trading for GE Aerospace (NYSE:GE) indicates that the trading volumes over the past 10 days have averaged 4.34 and over the past 3 months, they’ve averaged 5.08 million. According to company’s latest data on outstanding shares, there are 1.07 billion shares outstanding.
Nearly 0.27% of GE Aerospace’s shares belong to company insiders and institutional investors own 79.70% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 14.49 million shares as on 2025-03-14, resulting in a short ratio of 3.04. According to the data, the short interest in GE Aerospace (GE) stood at 136.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 11.5 million. The stock has risen by 24.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GE stock heading into the next quarter.
