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GE Vernova Inc (GEV) Stock Could Soon Reward Patient Investors

GE Vernova Inc (NYSE: GEV) is 166.03% higher on its value in year-to-date trading and has touched a low of $115.00 and a high of $357.09 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 GEV stock was last observed hovering at around $339.85 in the last trading session, with the day’s gains setting it 9.31%.

Currently trading at $349.16, the stock is 7.88% and 21.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.68 million and changing 2.74% at the moment leaves the stock 71.79% off its SMA200. GEV registered a gain of 96.79% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $286.3322 and a 200-day simple moving average (SMA200) of $204.08752.

The stock witnessed a 17.56% loss in the last 1 month and extending the period to 3 months gives it a 91.71%, and is 5.88% 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 4.72% over the week and 4.17% over the month.

Fwd P/E is 50.09. Distance from 52-week low is 203.62% and -2.22% from its 52-week high.

with sales reaching $10.66B over the same period.The EPS is expected to grow by 221.69% this year.

GE Vernova Inc (GEV) Top Institutional Holders

1961.0 institutions hold shares in GE Vernova Inc (GEV), with institutional investors hold 79.88% of the company’s shares. The shares outstanding are 275.65M, and float is at 275.49M with Short Float at 1.70%. Institutions hold 79.80% of the Float.

GE Vernova Inc (GEV) Insider Activity

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