GE HealthCare Technologies Inc (GEHC) concluded trading on Thursday at a closing price of $93.01, with 4.04 million shares of worth about $375.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.42% during that period and on September 25, 2024 the price saw a gain of about 0.87%. Currently the company’s common shares owned by public are about 455.34M shares, out of which, 424.97M shares are available for trading.
Stock saw a price change of 5.06% in past 5 days and over the past one month there was a price change of 10.08%. Year-to-date (YTD), GEHC shares are showing a performance of 20.29% which increased to 39.91% 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 2.74 million. The stock is currently trading 6.90% above its 20-day simple moving average (SMA20), while that difference is up 10.18% for SMA50 and it goes to 13.35% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
GE HealthCare Technologies Inc (NASDAQ: GEHC) currently have 455.34M outstanding shares and institutions hold larger chunk of about 76.05% of that.
The stock has a current market capitalization of $42.47B and its 3Y-monthly beta is at 1.36. PE ratio of stock for trailing 12 months is 26.99, while it has posted earnings per share of $3.45 in the same period. Its PEG reads 2.50 and has Quick Ratio of 0.77 while making debt-to-equity ratio of 1.24. 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 1.95% while standing at 2.11% over the month.
Stock’s fiscal year EPS is expected to rise by 8.11% while it is estimated to increase by 11.64% in next year. EPS is likely to grow at an annualized rate of 10.80% 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 BTIG Research on September 18, 2024 offering a Buy rating for the stock and assigned a target price of $100 to it. Coverage by JP Morgan stated GE HealthCare Technologies Inc (GEHC) stock as a Neutral in their note to investors on September 09, 2024, suggesting a price target of $90 for the stock. On August 06, 2024, Stifel Initiated their recommendations, while on May 30, 2024, Goldman Initiated their ratings for the stock with a price target of $87. Stock get a Buy rating from HSBC Securities on February 15, 2024.
