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These Numbers Show Favorable Signs for General Motors Company (GM)

General Motors Company (NYSE: GM) is 28.79% higher on its value in year-to-date trading and has touched a low of $26.30 and a high of $49.35 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 GM stock was last observed hovering at around $46.55 in the last trading session, with the day’s loss setting it -0.29%.

Currently trading at $46.26, the stock is -1.66% and 1.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.57 million and changing -0.62% at the moment leaves the stock 20.91% off its SMA200. GM registered 16.79% gain for a year compared to 6-month gain of 28.54%.

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The stock witnessed a 1.43% loss in the last 1 month and extending the period to 3 months gives it a 4.33%, and is -0.90% 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 1.87% over the week and 2.17% over the month.

General Motors Company (GM) has around 163000 employees, a market worth around $52.78B and $174.87B in sales. Current P/E ratio is 5.66 and Fwd P/E is 4.85. Profit margin for the company is 6.08%. Distance from 52-week low is 75.89% and -6.26% from its 52-week high. The company has generated returns on investments over the last 12 months (6.95%).

The EPS is expected to grow by 22.92% this year.

General Motors Company (GM) Top Institutional Holders

The shares outstanding are 1.20B, and float is at 1.14B with Short Float at 5.46%.

General Motors Company (GM) Insider Activity

The most recent transaction is an insider sale by Barra Mary T,the company’sChair & CEO. SEC filings show that Barra Mary T sold 326,305 shares of the company’s common stock on Jun 11 ’24 at a price of $48.33 per share for a total of $15.77 million. Following the sale, the insider now owns 0.9 million shares.

General Motors Company disclosed in a document filed with the SEC on Jun 10 ’24 that Barra Mary T (Chair & CEO) sold a total of 300,000 shares of the company’s common stock. The trade occurred on Jun 10 ’24 and was made at $47.00 per share for $14.1 million. Following the transaction, the insider now directly holds 0.9 million shares of the GM stock.

Still, SEC filings show that on Jun 10 ’24, Reuss Mark L (President) disposed off 35,142 shares at an average price of $46.34 for $1.63 million. The insider now directly holds 126,907 shares of General Motors Company (GM).

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