GE HealthCare Technologies Inc (NASDAQ: GEHC) is 4.04% 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 $80.98 in the last trading session, with the day’s loss setting it -0.54%.
Currently trading at $80.44, the stock is 2.03% and 1.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing -0.67% at the moment leaves the stock 2.79% off its SMA200. GEHC registered -1.60% loss for a year compared to 6-month gain of 9.41%.
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The stock witnessed a 2.77% loss in the last 1 month and extending the period to 3 months gives it a -5.33%, and is 0.20% 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 2.31% over the week and 1.99% over the month.
GE HealthCare Technologies Inc (GEHC) has around 51000 employees, a market worth around $36.72B and $19.50B in sales. Current P/E ratio is 23.48 and Fwd P/E is 16.89. Profit margin for the company is 8.05%. Distance from 52-week low is 29.01% and -14.88% from its 52-week high. The company has generated returns on investments over the last 12 months (9.84%).
The EPS is expected to grow by 8.67% this year.
GE HealthCare Technologies Inc (GEHC) Top Institutional Holders
The shares outstanding are 455.34M, and float is at 424.46M with Short Float at 2.90%.
GE HealthCare Technologies Inc (GEHC) Insider Activity
The most recent transaction is an insider sale by Kass-Hout Taha,the company’sChief Technology Officer. SEC filings show that Kass-Hout Taha sold 3,300 shares of the company’s common stock on May 28 ’24 at a price of $78.70 per share for a total of $0.26 million. Following the sale, the insider now owns 67300.0 shares.
GE HealthCare Technologies Inc disclosed in a document filed with the SEC on May 15 ’24 that Makela Jan (CEO, Imaging) sold a total of 66,955 shares of the company’s common stock. The trade occurred on May 15 ’24 and was made at $81.54 per share for $5.46 million. Following the transaction, the insider now directly holds 63348.0 shares of the GEHC stock.
Still, SEC filings show that on May 13 ’24, Makela Jan (CEO, Imaging) disposed off 20,227 shares at an average price of $81.57 for $1.65 million. The insider now directly holds 63,348 shares of GE HealthCare Technologies Inc (GEHC).
