GE Vernova Inc (GEV) concluded trading on Thursday at a closing price of $332.80, with 4.58 million shares of worth about $1.53 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 89.38% during that period and on December 19, 2024 the price saw a gain of about 4.94%. Currently the company’s common shares owned by public are about 275.63M shares, out of which, 275.48M shares are available for trading.
Stock saw a price change of 0.88% in past 5 days and over the past one month there was a price change of -2.12%. Over the period of past 52 weeks, stock dropped to lowest price of $115.00 but also hit the highest price of $357.09 during that period. The average intraday trading volume for GE Vernova Inc shares is 2.80 million. The stock is currently trading -0.93% below its 20-day simple moving average (SMA20), while that difference is up 5.23% for SMA50 and it goes to 54.07% higher than SMA200.
GE Vernova Inc (NYSE: GEV) currently have 275.63M outstanding shares and institutions hold larger chunk of about 79.19% of that.
The stock has a current market capitalization of $91.74B. It has Quick Ratio of 0.76 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 3.82% while standing at 4.00% over the month.
Stock’s fiscal year EPS is expected to rise by 224.68% while it is estimated to increase by 163.61% 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 Daiwa Securities on December 11, 2024 offering an Outperform rating for the stock and assigned a target price range of between $336 and $348 to it. Coverage by TD Cowen stated GE Vernova Inc (GEV) stock as a Buy in their note to investors on December 05, 2024, suggesting a price target of $400 for the stock. On December 04, 2024, Wolfe Research Initiated their recommendations, while on November 25, 2024, RBC Capital Mkts Reiterated their ratings for the stock with a price target of $376. Stock get an Overweight rating from Wells Fargo on November 21, 2024.
