Goodyear Tire & Rubber Co (GT) concluded trading on Thursday at a closing price of $9.23, with 3.69 million shares of worth about $34.09 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.36% during that period and on January 30, 2025 the price saw a gain of about 1.76%. Currently the company’s common shares owned by public are about 284.92M shares, out of which, 262.77M shares are available for trading.
Stock saw a price change of -0.65% in past 5 days and over the past one month there was a price change of 4.29%. Year-to-date (YTD), GT shares are showing a performance of 2.56% which decreased to -37.21% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.27 but also hit the highest price of $14.56 during that period. The average intraday trading volume for Goodyear Tire & Rubber Co shares is 4.85 million. The stock is currently trading 1.71% above its 20-day simple moving average (SMA20), while that difference is down -2.01% for SMA50 and it goes to -7.77% lower than SMA200.
Goodyear Tire & Rubber Co (NASDAQ: GT) currently have 284.92M outstanding shares and institutions hold larger chunk of about 85.56% of that.
The stock has a current market capitalization of $2.63B and its 3Y-monthly beta is at 1.79. It has posted earnings per share of -$1.04 in the same period. It has Quick Ratio of 0.65 while making debt-to-equity ratio of 2.12. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GT, volatility over the week remained 2.56% while standing at 3.49% over the month.
Stock’s fiscal year EPS is expected to rise by 370.33% while it is estimated to increase by 47.83% 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 Deutsche Bank on December 20, 2024 offering a Hold rating for the stock and assigned a target price of $10 to it. On June 13, 2024, Morgan Stanley Initiated their recommendations, while on December 04, 2023, HSBC Securities Initiated their ratings for the stock with a price target of $16.80. Stock get a Buy rating from Deutsche Bank on November 16, 2023.
