Based on current stock levels, General Motors Company shares are trading 0.41% off of the 50-day high and 33.78% away from the 50-day low. The firm's revenue was down 16.6% on a year-over-year basis.
In other General Motors news, insider Alicia S. Boler-Davis sold 10,000 shares of the business's stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $41.64, for a total transaction of $8,034,604.56. Following the sale, the vice president now directly owns 10 shares in the company, valued at approximately $110. The disclosure for this sale can be found here.
On 9/13/2017 Alan S Batey, Insider, sold 234,274 with an average share price of $38.04 per share and the total transaction amounting to $8,911,782.96.
GM has been the topic of a number of research reports. The rating was maintained by UBS with "Buy" on Wednesday, October 11. Seaport Global initiated Ford Motor Company (NYSE:F) rating on Tuesday, August 9. RBC Capital Markets maintained General Motors Company (NYSE:GM) rating on Thursday, October 5.
Film industry backs Vijay's 'Mersal' over GST row
The row over BJP's objection to some scenes in Tamil movie Mersal portraying the GST in poor light is just refusing to die. The film has broken Rajinkanth starrer "Kabali" s record in receiving the highest opening day collections in Tamil Nadu .
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On September 25 the company was upgraded from "Hold" to "Buy" in a report issued by Deutsche Bank. However, the sales were stronger than the expected $32.72 billion by analysts. The high was posted this morning, and the 12-month price target for the shares was $43.26 before this morning's report.
More notable recent General Motors Company (NYSE:GM) news were published by: Bloomberg.com which released: "GM Jettisons Dinosaur Image as Investors Buy Into Its Mobility Bets" on October 23, 2017, also Cnbc.com with their article: "GM to settle state ignition claims for $120 million" published on October 19, 2017, Seekingalpha.com published: "Should You Sell GM?" on October 16, 2017. Dimensional Fund Advisors LP has invested 0.23% in General Motors Company (NYSE:GM).
Since the start of the calendar year, General Motors Company (NYSE:GM)'s stock has changed 29.59%.
Raiders beat Chiefs on final play
The Raiders on Thursday night offered their own trip aboard Space Mountain, the final few twists and turns altogether wacky. He bombed two touchdowns passes of over 60 yards to Tyreek Hill and Albert Wilson, exposing David Amerson and Keith McGill.
The company is trading down from yesterday's close of 45.61. BidaskClub lowered shares of General Motors from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, July 25th. The stock's 50 day moving average price is $35.09 and its 200-day moving average price is $32.04. The firm has a market capitalization of $66.97 billion, a P/E ratio of 7.99 and a beta of 1.44. General Motors comprises approximately 2.2% of Gilman Hill Asset Management LLC's holdings, making the stock its 5th biggest position. The auto manufacturer reported $1.32 EPS for the quarter, topping the Zacks' consensus estimate of $1.11 by $0.21. After $0.55 actual EPS reported by CA, Inc. for the previous quarter, Wall Street now forecasts 3.64% EPS growth. The business's quarterly revenue was down 16.6% compared to the same quarter a year ago.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. General Motors's dividend payout ratio is presently 26.48%. The stock of General Motors Company (NYSE:GM) earned "Underweight" rating by Morgan Stanley on Monday, August 24. The company also swung to an operating gain in South America from a loss in the year-ago period.
Baskin Financial Services Inc decreased General Motors Company (GM) stake by 3.35% reported in 2017Q2 SEC filing.
Imran Khan condemns loss of lives in Pakistan blast
The CM, along with ministers, also visited CMH and Civil Hospital to enquire after the patients. Police and FC troops have reached the area, which has been cordoned off for gathering evidence.