In Friday’s Wall Street session, General Motors Company (NYSE:GM) shares traded at $47.44, up 0.51% from the previous session.
GM stock price is now -4.97% away from the 50-day moving average and -2.97% away from the 200-day moving average. The market capitalization of the company currently stands at $47.20B.
With the price target of $105, TD Cowen recently initiated with Buy rating for General Motors Company (NYSE: GM). On January 21, 2025, Deutsche Bank Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $60, while ‘HSBC Securities’ rates the stock as ‘Hold’
In other news, CRAIG GLIDDEN, Officer bought 68,687 shares of the company’s stock on Feb 26 ’25. The stock was bought for $3,421,004 at an average price of $49.81. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 30 ’25, Director KELLY ALFRED F JR bought 12,000 shares of the business’s stock. A total of $607,920 was incurred on buying the stock at an average price of $50.66. This leaves the insider owning 13,714 shares of the company worth $0.65 million. A total of 0.21% of the company’s stock is owned by insiders.
During the past 12 months, General Motors Company has had a low of $38.94 and a high of $61.24. As of last week, the company has a debt-to-equity ratio of 2.08, a current ratio of 1.13, and a quick ratio of 0.98.
The net profit margin was 3.84% and return on equity was 9.44% for GM. The company reported revenue of $47.7 billion for the quarter, compared to $42.98 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.99 percent.
