General Electric Company (NYSE:GE) went down by -3.40% from its latest closing price when compared to the 1-year high value of $13.25 and move down -37.16%, while GE stocks collected -6.94% of loss with the last five trading sessions.
General Electric Company (NYSE:GE) Worth an Investment?
General Electric Company (NYSE: GE) The 36 Months beta value for GE stocks is at 1.05, while 9 of the analysts out of 20 who provided ratings for General Electric Company stocks as a “buy” while 0 as overweight, 9 rated it as hold and 2 as sell. The average price we get from analysts is $11.83 which is $1.31 above current price. GE currently has a short float of 1.09% and public float of 8.64B with average trading volume of 50.65M shares.
GE Market Performance
GE stocks went down by -6.94% for the week, with the monthly drop of -8.00% and a quarterly performance of -7.38%, while its annual performance rate touched -23.69%. The simple moving average for the period of the last 20 days is -6.11% for GE stocks with the simple moving average of 2.66% for the last 200 days.
Analysts’ Opinion on General Electric Company (NYSE:GE)
Many brokerage firms have already submitted their reports for GE stocks, with UBS repeating the rating for GE shares by setting it to “Neutral”. The predicted price for GE socks in the upcoming period according to UBS is $11.50 based on the research report published on July 15, 2019.
JP Morgan, on the other hand, stated in their research note that they expect to see GE stock at the price of $5, previously predicting the value of $6. The rating they have provided for GE stocks is “Underweight” according to the report published on April 8, 2019.
Vertical Research gave “ Hold” rating to GE stocks, setting the target price at $5 in the report published on February 1, 2019.
GE Stocks -5.05% Far from 50 Day Moving Average
After a stumble in the market that brought GE to its low price for the period of the last 52 weeks, General Electric Company was unable to take a rebound, for now settling with -27.07% of loss for the given period.
The stock volatility was left at 2.72%, however, within the period of a single month, the volatility rate increased by 4.01%, while the shares sank at the distance of -5.29% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +1.05% upper at the present time.
In the course of the last 5 trading sessions, GE went down by -6.94%, which changed the moving average for the period of 200 days to the total of -20.17% of losses for the stock in comparison to the 20-day moving average settled at $10.26. In addition, General Electric Company saw 32.75% in overturn over the period of a single year with a tendency to cut further gains.
GE Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at General Electric Company (GE), starting from GARDEN EDWARD P, who sold 3,370,314 shares at the price of $9.53 back on May 24. After this action, Rushing now owns 64,191,203 shares of General Electric Company, valued at $32,119,429 with the latest closing price.
LAVIZZO-MOUREY RISA J, the Director of General Electric Company, bought 10,000 shares at the value of $9.75 during a trade that took place back on May 23, which means that LAVIZZO-MOUREY RISA J is holding 25,000 shares at the value of $97,500 based on the most recent closing price.
GE Stock Fundamentals
The current profitability levels are settled at +9.46 for the present operating margin and +28.35 for gross margin. The net margin for General Electric Company stands at -16.96. Total capital return value is set at 6.03, while invested capital returns managed to touch -13.62. Equity return holds the value -56.30%, with -6.00% for asset returns.
Based on General Electric Company (GE), the company’s capital structure generated 354.92 points for debt to equity in total, while total debt to capital is set at the value of 78.02. Total debt to assets is settled at the value of 34.61 with long-term debt to equity ratio rests at 313.51 and long-term debt to capital is 68.90.
EBITDA value lies at +3.70 B with total debt to EBITDA carrying the value of 5.57. The value for Enterprise to Sales is 1.36 with debt to enterprise value settled at 0.68. The receivables turnover for General Electric Company is 3.25 with the total asset turnover at the value of 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.