General Electric Company (GE) has risen sharply, recording gains of 0.29% in the past 4 weeks. However, the stock has corrected -0.06% in the past 1 week, providing a good buying opportunity on dips. General Electric Company (GE) : Traders are bullish on General Electric Company (GE) as it has outperformed the S&P 500 by a wide margin of 0.5% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.6%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.01% and the fifty day Moving Average is 0.59%. General Electric Company is up 4.47% in the last three month period. Year-to-Date the stock performance stands at 1.83%.
General Electric Company (GE) : The most positive equity analysts on General Electric Company (GE) expects the shares to touch $38, whereas, the least positive believes that the stock will trade at $28 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $33.9 with an expected fluctuation of $3.35 from the mean.
General Electric Company (NYSE:GE): stock turned positive on Friday. Though the stock opened at $31.27, the bulls momentum made the stock top out at $31.46 level for the day. The stock recorded a low of $31.14 and closed the trading day at $31.23, in the green by 0.06%. The total traded volume for the day was 22,265,644. The stock had closed at $31.21 in the previous days trading.
General Electric Company (GE) is a diversified infrastructure and financial services company. The products and services of the Company range from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. The Company operates its segments through its eight businesses, -based on the markets they serve: Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances, and Lighting and GE Capital. GE Capital operates the following businesses: Commercial Lending and Leasing, Consumer, Real Estate, Energy Financial Services and GE Capital Aviation Services. The Company operates in approximately 175 countries.