GE HealthCare Technologies Inc (GEHC) concluded trading on Thursday at a closing price of $80.98, with 3.14 million shares of worth about $253.97 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.31% during that period and on July 18, 2024 the price saw a loss of about -1.81%. Currently the company’s common shares owned by public are about 455.34M shares, out of which, 424.46M shares are available for trading.
Stock saw a price change of 1.30% in past 5 days and over the past one month there was a price change of 4.42%. Year-to-date (YTD), GEHC shares are showing a performance of 4.73% which decreased to -1.81% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $62.35 but also hit the highest price of $94.50 during that period. The average intraday trading volume for GE HealthCare Technologies Inc shares is 2.75 million. The stock is currently trading 2.89% above its 20-day simple moving average (SMA20), while that difference is up 2.53% for SMA50 and it goes to 3.56% higher than SMA200.
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GE HealthCare Technologies Inc (NASDAQ: GEHC) currently have 455.34M outstanding shares and institutions hold larger chunk of about 75.24% of that.
The stock has a current market capitalization of $36.96B and its 3Y-monthly beta is at 1.41. PE ratio of stock for trailing 12 months is 23.64, while it has posted earnings per share of $3.43 in the same period. Its PEG reads 2.06 and has Quick Ratio of 0.79 while making debt-to-equity ratio of 1.31. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GEHC, volatility over the week remained 2.28% while standing at 2.00% over the month.
Stock’s fiscal year EPS is expected to rise by 8.67% while it is estimated to increase by 11.53% in next year. EPS is likely to grow at an annualized rate of 11.50% for next 5-years, compared to annual growth of -2.54% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on May 30, 2024 offering a Neutral rating for the stock and assigned a target price of $87 to it. Coverage by HSBC Securities stated GE HealthCare Technologies Inc (GEHC) stock as a Buy in their note to investors on February 15, 2024, suggesting a price target of $100 for the stock. On February 12, 2024, UBS Upgrade their recommendations, while on November 30, 2023, Jefferies Initiated their ratings for the stock with a price target of $80. Stock get a Sell rating from UBS on November 27, 2023.
