Garrett Motion Inc (NASDAQ:GTX) does about 2.57M shares in volume on a normal day but saw 2547207 shares change hands in the recent trading day. The company now has a market cap of 2.13B USD. Its current market price is $10.51, marking an increase of 0.10% compared to the previous close of $10.5. The 52 week high reached by this stock is $12.09 whilst the lowest price level in 52 weeks is $7.01.
The consensus objective for the share price is $14.00, suggesting that the stock has a potential upside of 24.93% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 03, 2021 when BWS Financial initiated the stock to “Buy” and issued a price target of $15.
The current price level is 2.97%, 0.35%, and 15.18% away from its SMA20, SMA50, and SMA200 respectively, with the GTX price moving above the 50-day SMA on current market day. Garrett Motion Inc (GTX) stock is up 8.13% over the week and -1.59% over the past month. Its price is 23.65% year-to-date and 16.39% over the past year.
To reach the target analysts have set, the stock logically needs to grow 24.93 percent from here.
Outstanding shares total 203.93M with insiders holding 0.68% of the shares and institutional holders owning 86.90% of the company’s common stock. The company has a return on investment of 34.62%. The price to earnings ratio (P/E ratio) amounts to 8.14 while the forward price to earnings ratio is 7.24. The beta has a value of 0.00. Price to sales ratio is 0.62.
