General Electric Company (GE) July 20, 2021 Stock Price, Analysis & Forecast
General Electric Company (NYSE: GE) opened the trading session on July 20, 2021, at $12.01, showing a change of 5.8333% against the previous close at $12. During the trading session, the stock price climbed to $12.74 and dropped to $11.99. Finally, the stock stabilized at $12.7. Yet, bearing in mind a long-term perspective, General Electric Company reported a 52 Week Range within the confines of $5.91-$14.4.
General Electric Company's shares outstanding currently rate $8.78B, concurrently with a float of $8.75B. GE operates in the MANUFACTURING sector of the ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) industry and has a market capitalization of $111.49B (as of July 20, 2021). It should be emphasized that General Electric Company's 50-day Moving Average stabilized at $13.27, while such index as 200-day Moving Average is currently $12.79.
To define the company's efficiency, let's focus attention on General Electric Company's conglomerate performance. Currently, GE has full-time employees. General Electric Company has generated $inf per worker During the last fiscal year. At the same time, GE's income per employee was $inf. And now, let's focus attention on the company's income report. General Electric Company's Net Income for the last fiscal year was $5.70B, while such index as Income Before Taxes was at the level of $5.23B. GE's Operating Income was at the mark of $-2,809,000,000.
General Electric Company (GE) Earnings & Revenue
Talking about the Profitability, GE reached a Profit Margin of -4.27% and an Operating Margin (TTM) of -0.29%. However, when we touch the questions of management effectiveness, General Electric Company generated a Return on Equity (TTM) of -1.35% and a Return on Assets (TTM) of -0.06%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended March 31, 2021, General Electric Company generated Revenue (TTM) of $77.25B, reporting a Quarterly Revenue Growth of -12.2%. As for the Revenue Per Share (TTM), this indicator was at the mark of $8.82. The company's Gross Profit (TTM) was $13.51B, while according to the EBITDA report, it was estimated at $5.65B.
General Electric Company (NYSE: GE) Owners & Shares
Finally, let's take a look at the share statistics. As mentioned above, GE's shares outstanding now amounts to $8.78B, where Shares Short was $83.00M versus the prior month amounted to $100.08M. (Short % of Float was 0.95%). And now, let's overview which kind of investors works with General Electric Company's stocks. GE's current ownership accounts for 65.33% institutional investors, while 0.243% of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, GE's Forward Annual Dividend Rate is currently at the mark of 0.04, whereas the Dividend Yield is 0.32%, and a Dividend Payout Ratio is 2% (Dividend Date: July 26, 2021). The company's Dividend Per Share index thereby is $0.04.
GE Trading Performance
It's time to observe the current performance indicators for General Electric Company. GE's price/earnings to growth ratio during the last reported quarter was 10.04%. The company's PE Ratio stands at None%, while GE's Beta score is 1.071. Also worth noting that General Electric Company's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of -0.453. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 1.426, as well as Price To Book Ratio, which amounts to 3.281.
General Electric Company Analysis & Estimates
Within the previous 9-day period, General Electric Company's Average True Range (ATR) was 0.4085, while the stock's Stochastic SlowD moving average was 23.8462%, and the SlowK moving average volumed at 23.8462%.