GATX Corp (NYSE:GATX) shares, rose in value on Friday, May 30, with the stock price up by 8.72% to the previous day’s close as strong demand from buyers drove the stock to $159.24.
Actively observing the price movement in the last trading, the stock closed the session at $146.47. The PE ratio was 20.17 over 12-month period. Referring to stock’s 52-week performance, its high was $168.89, and the low was $127.00. On the whole, GATX has fluctuated by 9.10% over the past month.
With the market capitalization of GATX Corp currently standing at about $5.68 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.35, with its dividend yield at 1.48%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GATX’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell 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 2.63, with the price of GATX currently trading nearly 7.67% and 6.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.57, while the 7-day volatility ratio is showing 4.26% which for the 30-day chart, stands at 2.25%. Furthermore, GATX Corp (GATX)’s beta value is 1.17, and its average true range (ATR) is 4.13.
A comparison of GATX Corp (GATX) with its peers suggests the former has fared considerably weaker in the market. GATX showed an intraday change of 8.72% in last session, and over the past year, it grew by 17.85%%.
Data on historical trading for GATX Corp (NYSE:GATX) indicates that the trading volumes over the past 3 months, they’ve averaged 191.95K. According to company’s latest data on outstanding shares, there are 35.68 million shares outstanding.
Nearly 1.14% of GATX Corp’s shares belong to company insiders and institutional investors own 101.32% of the company’s shares. The stock has risen by 2.76% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GATX stock heading into the next quarter.
