The price of General Motors Company (NYSE:GM) shares last traded on Wall Street rose 2.10% to $49.61.
GM stock price is now 5.01% away from the 50-day moving average and 0.49% away from the 200-day moving average. The market capitalization of the company currently stands at $47.70B.
With the price target of $62, Citigroup recently initiated with Buy rating for General Motors Company (NYSE: GM). On April 15, 2025, Barclays Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock keeping its target price maintained at $40, while ‘Deutsche Bank’ 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 $0.68 million. A total of 0.23% of the company’s stock is owned by insiders.
During the past 12 months, General Motors Company has had a low of $38.96 and a high of $61.24. As of last week, the company has a debt-to-equity ratio of 2.06, a current ratio of 1.21, and a quick ratio of 1.04.
The net profit margin was 4.02% and return on equity was 8.88% for GM. The company reported revenue of $44.02 billion for the quarter, compared to $43.01 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.34 percent.
