General Motors Company [GM] Is Currently -0.71 below its 200 Period Moving Avg: What Dose This Mean?

General Motors Company [NYSE: GM] slipped around -0.21 points on Wednesday, while shares priced at $29.48 at the close of the session, down -0.71%. The company report on August 12, 2020 that GM Develops and Shares New Workplace Safety Technology.

Software solutions for workplace thermal scanning, contact tracing and touchless printing available to the public to help boost workplace safety in the COVID-19 era.

General Motors has developed new technology to aid workplace safety during the COVID-19 pandemic, and the company is sharing its innovations with the world for potential use in job sites as diverse as manufacturing plants, offices or even schools. The new technologies include an automated kiosk for temperature scanning, software for contact tracing and a mobile app for touchless printing.

General Motors Company stock is now -19.45% down from its year-to-date (YTD) trading value. GM Stock saw the intraday high of $29.83 and lowest of $29.12 per share. The company’s 52-week high price is 39.78, which means current price is +105.79% above from all time high which was touched on 01/02/20.

Compared to the average trading volume of 14.80M shares, GM reached a trading volume of 9700217 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about General Motors Company [GM]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GM shares is $39.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GM stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for General Motors Company shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 12, 2020. The new note on the price target was released on May 07, 2020, representing the official price target for General Motors Company stock. Previously, the target price had yet another raise to $24, while Goldman analysts kept a Neutral rating on GM stock.

The Average True Range (ATR) for General Motors Company is set at 1.11, with the Price to Sales ratio for GM stock in the period of the last 12 months amounting to 0.37. The Price to Book ratio for the last quarter was 1.07, with the Price to Cash per share for the same quarter was set at 25.95. Price to Free Cash Flow for GM in the course of the last twelve months was 75.78 with Quick ratio for the last quarter at 1.00.

How has GM stock performed recently?

General Motors Company [GM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.89. With this latest performance, GM shares gained by 11.96% in over the last four-week period, additionally sinking by -4.01% over the last 6 months – not to mention a drop of -17.86% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GM stock in for the last two-week period is set at 60.55, with the RSI for the last a single of trading hit 59.98, and the three-weeks RSI is set at 58.90 for General Motors Company [GM]. The present Moving Average for the last 50 days of trading for this stock 26.60, while it was recorded at 29.37 for the last single week of trading, and 28.83 for the last 200 days.

General Motors Company [GM]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and General Motors Company [GM] shares currently have an operating margin of +4.31 and a Gross Margin at +10.51. General Motors Company’s Net Margin is presently recorded at +4.91.

Return on Total Capital for GM is now 3.97, given the latest momentum, and Return on Invested Capital for the company is 6.10. Return on Equity for this stock inclined to 16.69, with Return on Assets sitting at 2.96. When it comes to the capital structure of this company, General Motors Company [GM] has a Total Debt to Total Equity ratio set at 250.22. Additionally, GM Total Debt to Total Capital is recorded at 71.45, with Total Debt to Total Assets ending up at 45.86. Long-Term Debt to Equity for the company is recorded at 160.16, with the Long-Term Debt to Total Capital now at 45.73.

Reflecting on the efficiency of the workforce at the company, General Motors Company [GM] managed to generate an average of $41,049 per employee. Receivables Turnover for the company is 4.11 with a Total Asset Turnover recorded at a value of 0.60.General Motors Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.10.

Earnings analysis for General Motors Company [GM]

With the latest financial reports released by the company, General Motors Company posted 1.72/share EPS, while the average EPS was predicted by analysts to be reported at 1.31/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 31.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for General Motors Company go to 0.33%.

Insider trade positions for General Motors Company [GM]

There are presently around $32,999 million, or 79.30% of GM stock, in the hands of institutional investors. The top three institutional holders of GM stocks are: BLACKROCK INC. with ownership of 105,171,485, which is approximately 1.08% of the company’s market cap and around 7.19% of the total institutional ownership; VANGUARD GROUP INC, holding 95,978,234 shares of the stock with an approximate value of $2.83 billion in GM stocks shares; and CAPITAL WORLD INVESTORS, currently with $2.78 billion in GM stock with ownership of nearly -6.03% of the company’s market capitalization.

Positions in General Motors Company stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 385 institutional holders increased their position in General Motors Company [NYSE:GM] by around 108,074,174 shares. Additionally, 498 investors decreased positions by around 86,772,239 shares, while 118 investors held positions by with 924,511,700 shares. The mentioned changes placed institutional holdings at 1,119,358,113 shares, according to the latest SEC report filing. GM stock had 115 new institutional investments in for a total of 16,404,957 shares, while 119 institutional investors sold positions of 8,895,370 shares during the same period.

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