GE Vernova Inc. (GEV) concluded trading on Wednesday at a closing price of $178.24, with 4.06 million shares of worth about $722.81 million changed hands on the day. On July 31, 2024 the price saw a gain of about 9.55%. Currently the company’s common shares owned by public are about 274.80M shares, out of which, 274.58M shares are available for trading.
Stock saw a price change of 9.42% in past 5 days and over the past one month there was a price change of 6.40%. Over the period of past 52 weeks, stock dropped to lowest price of $115.00 but also hit the highest price of $185.50 during that period. The average intraday trading volume for GE Vernova Inc. shares is 3.21 million. The stock is currently trading 4.18% above its 20-day simple moving average (SMA20), while that difference is up 4.20% for SMA50 and it goes to 10.75% higher than SMA200.
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GE Vernova Inc. (NYSE: GEV) currently have 274.80M outstanding shares and institutions hold larger chunk of about 30.89% of that.
The stock has a current market capitalization of $48.98B. It has Quick Ratio of 0.74 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GEV, volatility over the week remained 5.58% while standing at 4.47% over the month.
Stock’s fiscal year EPS is expected to rise by 271.02% while it is estimated to increase by 61.49% in next year.
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 Redburn Atlantic on July 02, 2024 offering a Neutral rating for the stock and assigned a target price of $178 to it. Coverage by Daiwa Securities stated GE Vernova Inc. (GEV) stock as an Outperform in their note to investors on June 21, 2024, suggesting a price target of $201.50 for the stock. On June 13, 2024, Argus Initiated their recommendations, while on June 11, 2024, Citigroup Initiated their ratings for the stock with a price target of $183. Stock get an Equal-weight rating from Morgan Stanley on May 23, 2024.
