General Electric Company (GE) Shares are Down -1.43%

General Electric Company (GE) : During the past 4 weeks, traders have been relatively bearish on General Electric Company (GE), hence the stock is down -3.06% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.95% relative to the S&P 500. The 4-week change in the price of the stock is -5.02% and the stock has fallen -1.43% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.3% and the 50-Day Moving Average is 4.8%.The 200 Day SMA reached 0.9% General Electric Company has dropped 2.25% during the last 3-month period . Year-to-Date the stock performance stands at -2.47%.


General Electric Company (GE) : The highest level General Electric Company (GE) is projected to reach is $38 for the short term and the lowest estimate is at $28. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $33.8 and the possibility the share price can swing is $3.33.

For the current week, the company shares have a recommendation consensus of Buy. General Electric Company (NYSE:GE): stock was range-bound between the intraday low of $29.54 and the intraday high of $29.75 after having opened at $29.63 on Fridays session. The stock finally closed in the red at $29.63, a loss of -0.24%. The stock remained in the red for the whole trading day. The total traded volume was 64,934,725 shares. The stock failed to cross $29.75 in Fridays trading. The stocks closing price on Thursday was $29.75.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.