GE Vernova Inc (NYSE:GEV) currently has a daily average trading volume of 2.82M but it saw 2109902 shares traded in last market. With a market cap of 107.78B USD, the company’s current market price of $391.00 came rising about 1.03 while comparing to the previous closing price of $387.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $392.77 and as low as $115.00. In the recent trading on the day, stock has struck highest price mark of $387.03 while lowest mark touched by it was $397.76.
Taking a look at 20-day trading activity of GE Vernova Inc (GEV) gives us an average price of $352.13, while its current price level is -0.45% below from 52-week high level whereas it is 240.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $341.58 while that of 200 days or SMA-200 reads an average of $229.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.78% during that period while stretching the period over a month that increases to 3.83%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 71.31 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Daiwa Securities which downgraded the stock as “Outperform” in its note to investors issued on December 11, 2024, recommending a price target of between $336 and $348 for it. Wolfe Research issued its recommendations for the stock as it initiated the price target for the stock is $403.
Over the week, GEV’s stock price is moving 6.69% up while it is 17.77% when we observe its performance for the past one month. Year-to-date it is 18.87% up and over the past year.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 2.37 while estimate for next year EPS is 2.56. In next quarter, company is expected to be making quarterly sales of $7.86B as analysts are expecting the sales for current fiscal year at $35.07B and seeing the company making $36.86B in sales next year. Moreover, analysts are in estimates of $10.69B for current-quarter revenue.
Currently, GE Vernova Inc’s total number of outstanding shares is 275.63M with 0.10% of that held by the insiders while 80.05% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.31%. It has a price to earnings ratio (P/E ratio) of 85.83 while having a 56.79 of forward P/E ratio. Stock has a price to book (P/B) ratio of 11.34 while price to sale or P/S ratio amounts to 3.13.
