General Motors Company (GM) has been under a strong bear grip, hence the stock is down -0.69% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.07% in the past 1 week. The stock has risen by 1.61% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.7% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.15% and the 50-Day Moving Average is 0.03%.The 200 Day SMA reached 2.48% General Motors Company is up 7.22% in the last 3-month period. Year-to-Date the stock performance stands at -5.5%.
General Motors Company (GM) : The most positive equity analysts on General Motors Company (GM) expects the shares to touch $50, whereas, the least positive believes that the stock will trade at $29 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $37.08 with an expected fluctuation of $5.95 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. General Motors Company (NYSE:GM): stock was range-bound between the intraday low of $30.605 and the intraday high of $31.13 after having opened at $31.13 on Fridays session. The stock finally closed in the red at $31.13, a loss of -0.48%. The stock remained in the red for the whole trading day. The total traded volume was 12,780,811 shares. The stock failed to cross $31.13 in Fridays trading. The stocks closing price on Thursday was $31.12.
General Motors Company (General Motors) designs, builds and sells cars, trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial). The Companys four automotive segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA). The Company also sells cars and trucks to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments. The Company offers 13 FlexFuel vehicles in the United States for the 2015 model year plus an additional four models to fleet and commercial customers capable of operating on gasoline, E85 ethanol or any combination of the two.