Wall Street analysts assess price movements and volume trends to forecast future stock performance. Recent price fluctuations for shares of General Electric Company (NYSE:GE) have got the investing community taking a second look.
Scoping out Technical Indicators for General Electric Company (GE)
Hourly moving averages for GE indicate a Strong Sell, while hourly technical indicators suggest a Strong Sell.
To predict where a stock’s price is heading analysts typically look at technical indicators, which apply formulas to pricing data gathered over a period of time. One of these technical indicators is the Relative Strength Index (RSI), which currently stands at 41.580 for General Electric Company over the last 14 days – indicating a Sell. Meanwhile, the price rate of change (ROC) is currently -0.229, indicating a Sell.
The 14-day Commodity Channel Index (CCI) for company is -93.1184, indicating a Sell. The 14-day Average Directional Index (ADX), which measures the strength of a trend, is at 26.958 – indicating a Sell.
The Stochastic (9,6) value for GE is 33.974, signaling that the stock is currently Sell. The Stochastic RSI (14) is currently at 16.031, indicating that stock is Oversold.
Similarly, the Williams %R Value, for this stock stands at -88.462 – suggesting that the shares are Oversold. The Ultimate Oscillator value for this stock is currently 41.634, indicating that it has become Sell.
At the same time, the volatility-measuring Average True Range (ATR) for this stock is 0.0800, suggesting Less Volatility.
General Electric Company (GE) Valuation Ratios and Profitability
There are multiple valuation ratios that Wall Street professionals consider when evaluating a stock, and compare to the ratio for the industry as a whole. The Price to Sales ratio, for example, is 1.22 for General Electric Company (NYSE:GE), while the industry Price to Sales ratio is currently 1.52. The Price to Book ratio for this stock is 1.99, compared to the industry Price to Book ratio of 10.02.
Profitability metrics can also be compared, like the Trailing Twelve Month (TTM) Gross Margin for GE, which is 24.78% compared to the industry’s 22.71%. Similarly, this company’s TTM Operating Margin is currently 6.6%, while industry’s as a whole is 12.09%.
Understanding Per Share Data and Efficiency
This publicly-traded company’s Revenue/Share ratio is 14.06, compared to 90.28 for the industry overall. Similarly, this stock’s Cash/Share ratio currently stands at 4.6, while the industry’s as a whole is 8.29.
The industry-wide Asset Turnover is 0.85, while that of General Electric Company (NYSE:GE) is currently 0.32. The industry-wide Receivable Turnover is 6.93, with this company’s standing at 4.93.