Gates Industrial Corporation plc (NYSE:GTES) currently has a daily average trading volume of 2.81M but it saw 1870841 shares traded in last market. With a market cap of 5.42B USD, the company’s current market price of $21.02 came falling about -1.31 while comparing to the previous closing price of $21.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.85 and as low as $14.70.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Barclays which upgraded the stock as “Overweight” in its note to investors issued on December 05, 2024, recommending a price target of between $21 and $25 for it. RBC Capital Mkts also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $20 and $22.
Over the week, GTES’s stock price is moving -4.06% down while it is 20.94% when we observe its performance for the past one month. Year-to-date it is 2.19% up and over the past year, the stock is showing an upside performance of 18.56%.
Currently, Gates Industrial Corporation plc’s total number of outstanding shares is 257.46M with 1.72% of that held by the insiders while 105.68% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.93% and return on equity (ROE) at 6.93%. It has a price to earnings ratio (P/E ratio) of 25.45 while having a 12.62 of forward P/E ratio. Stock’s beta reads 1.22. Stock has a price to book (P/B) ratio of 1.74 while price to sale or P/S ratio amounts to 1.60. Its return on asset (ROA) is 3.13% on average.
