General Motors Company (GM) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (10.07 million) in General Motors Company (GM). On Thursday, The value of composite uptick trades was $45.67 million, whereas, the value of composite downtick trades was $55.74 million and the ratio between the two was 0.82, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $16.49 million. $5.8 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.35. The negative money flow of ($10.69 million) shows selling on strength. General Motors Company (GM) gained $0.34 intraday at $28.74 and registrered 1.2% for the week.
General Motors Company (GM) : The consensus price target for General Motors Company (GM) is $37.67 for the short term with a standard deviation of $6.21. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $50, however, the pessimist price target for the company is $29. The stock has recorded a 20-day Moving Average of 0.35% and the 50-Day Moving Average is 3.83%.
General Motors Company (NYSE:GM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.49 and $28.42 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.74, notching a gain of 1.20% for the day. The total traded volume was 10,842,314 . The stock had closed at $28.40 on the previous day.
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.