Goldman Sachs Group, Inc. (NYSE: GS) is 9.91% higher on its value in year-to-date trading and has touched a low of $289.36 and a high of $419.20 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 GS stock was last observed hovering at around $417.35 in the last trading session, with the day’s gains setting it 6.65%.
Currently trading at $424.00, the stock is 4.29% and 6.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.66 million and changing 1.59% at the moment leaves the stock 18.98% off its SMA200. GS registered 24.10% gain for a year compared to 6-month gain of 41.31%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 4.22% loss in the last 1 month and extending the period to 3 months gives it a 11.35%, and is 6.84% up 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 1.92% over the week and 1.85% over the month.
Goldman Sachs Group, Inc. (GS) has around 45300 employees, a market worth around $137.60B and $116.77B in sales. Current P/E ratio is 16.55 and Fwd P/E is 10.46. Profit margin for the company is 7.49%. Distance from 52-week low is 46.53% and 1.15% from its 52-week high. The company has generated returns on investments over the last 12 months (2.49%).
The EPS is expected to grow by 59.73% this year.
Goldman Sachs Group, Inc. (GS) Top Institutional Holders
The shares outstanding are 323.38M, and float is at 322.78M with Short Float at 1.58%.
Goldman Sachs Group, Inc. (GS) Insider Activity
The most recent transaction is an insider sale by COLEMAN DENIS P.,the company’sChief Financial Officer. SEC filings show that COLEMAN DENIS P. sold 12,680 shares of the company’s common stock on Feb 23 ’24 at a price of $394.43 per share for a total of $5.0 million. Following the sale, the insider now owns 29417.0 shares.
Goldman Sachs Group, Inc. disclosed in a document filed with the SEC on Feb 22 ’24 that BERLINSKI PHILIP R. (Global Treasurer) sold a total of 11,650 shares of the company’s common stock. The trade occurred on Feb 22 ’24 and was made at $390.64 per share for $4.55 million. Following the transaction, the insider now directly holds 18408.0 shares of the GS stock.
Still, SEC filings show that on Jan 23 ’24, Ruemmler Kathryn H. (Chief Legal Officer, GC) disposed off 7,277 shares at an average price of $379.81 for $2.76 million. The insider now directly holds 6,501 shares of Goldman Sachs Group, Inc. (GS).
