GE HealthCare Technologies Inc (NASDAQ: GEHC) is 11.59% higher on its value in year-to-date trading and has touched a low of $62.35 and a high of $94.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GEHC stock was last observed hovering at around $88.21 in the last trading session, with the day’s loss setting it -1.93%.
Currently trading at $86.28, the stock is -3.10% and -1.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.1 million and changing -2.19% at the moment leaves the stock 13.70% off its SMA200. GEHC registered 5.54% gain for a year compared to 6-month gain of 27.29%.
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The stock witnessed a -2.49% loss in the last 1 month and extending the period to 3 months gives it a 13.15%, and is -2.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.15% over the week and 1.90% over the month.
GE HealthCare Technologies Inc (GEHC) has around 51000 employees, a market worth around $39.29B and $19.55B in sales. Current P/E ratio is 28.52 and Fwd P/E is 17.83. Profit margin for the company is 7.08%. Distance from 52-week low is 38.38% and -8.70% from its 52-week high. The company has generated returns on investments over the last 12 months (8.72%).
The EPS is expected to grow by 9.35% this year.
GE HealthCare Technologies Inc (GEHC) Top Institutional Holders
The shares outstanding are 455.34M, and float is at 423.38M with Short Float at 2.87%.
GE HealthCare Technologies Inc (GEHC) Insider Activity
The most recent transaction is an insider sale by O’Neill Kevin Michael,the company’sCEO, PDx. SEC filings show that O’Neill Kevin Michael sold 15,609 shares of the company’s common stock on Jul 31 ’23 at a price of $77.32 per share for a total of $1.21 million. Following the sale, the insider now owns 24025.0 shares.
GE HealthCare Technologies Inc disclosed in a document filed with the SEC on Jun 08 ’23 that Rott Roland (CEO, Ultrasound) sold a total of 2,473 shares of the company’s common stock. The trade occurred on Jun 08 ’23 and was made at $77.37 per share for $0.19 million. Following the transaction, the insider now directly holds 22335.0 shares of the GEHC stock.
