General Electric Company (GE) has seen some recent activity in the market and its common shares closed at $6.29 yesterday. People are starting to take interest of GE as the common shares traded as high as $6.33 and as low as $6.16 in the last trading session.
General Electric Company (GE) average trading volume is 105.95M. However, in the last trading session General Electric Company (GE) traded 93,118,102 shares. The 1st support level on GE is $5.58 and the 1st resistance level on GE is $13.16. GE 50-day moving average is $6.80 and GE two hundred day moving average is $9.97.
General Electric Company (GE) most recent performance has been specified by the recent movement in GE common shares. GE has performed -13.84% over the past 4 weeks, GE has performed -50.97% over the past 90 days and GE has shown -37.35% over the past 1 year. General Electric Company (GE) has a 1 year range of $5.90 to $13.26. General Electric Company (GE) is trading 6.61% from its 1 year low and -52.56% from its 1 year high. General Electric Company (GE) is indicating a 1.26% short float indicating the amount short in the float.
GE has 8.74B shares outstanding and 8.74B shares in the float. General Electric Company (GE) presently has a market cap of $54.99B and income of $5.37B. The EPS next quarter for GE is -0.09 and forecasted EPS net year is 243.59%. The market cap of General Electric Company (GE) at $54.99B signifies how many People own shares of GE and is calculated off the last price ($6.29) of GE and the amount of shares outstanding (8.74B) with General Electric Company (GE).
General Electric Company (GE) has aggregate cash (mrq) of 31.01B, aggregate cash per share (mrq) of 3.55, aggregate debt of GE stands at 88.22B and aggregate debt/equity (mrq) is 239.35. General Electric Company (GE) running cash flow (ttm) is 8.44B and GE leveraged free cash flow (ttm) is 18.07B.
GE is trading -3.59% below (bearish) its SMA20, -15.56% below (bearish) its SMA50 and -35.08% below (bearish) its SMA200.
In recent news, on May 6, 2020, it was announced, GE Announces Debt Tender Offers In Conjunction With GE Capital Debt Issuance. In this news it stated, GE Announces Offers to Purchase Any and All of Certain of its Outstanding U.S. Dollar Denominated, Euro Denominated and GBP Denominated Notes (Listed on Table I Below), originally issued by certain of its subsidiaries. GE (NYSE:GE) announces its offers to purchase for cash any and all of the U.S. Dollar Denominated, Euro Denominated and GBP Denominated Notes listed on Table I below (the “Notes”), originally issued either by, as applicable, General Electric Capital Corporation (and assumed by GE), GE Capital European Funding Unlimited Company (formerly GE Capital European Funding) or GE Capital UK Funding Unlimited Company (formerly GE Capital UK Funding) (collectively, the “Subsidiary Issuers”). The offers to purchase with respect to each series of Notes are being referred to herein as the “Offers” and each, an “Offer.”
About General Electric Company (GE):
General Electric Company is popular for its LEAP aircraft engines, Heavy-Duty gas turbines, Haliade-X and Cypress wind turbines, and healthcare solutions. Its zeal to invest in upgrades and innovation of products along with outstanding service capabilities and technological expertise raises its competitive appeal. Also, the high-tech giant’s plan to strengthen its industrial businesses — with a focus on Power, Aviation and Renewable Energy — and deleverage the balance sheet will boost fundamentals and shareholders’ value.