General Motors Company (GM) has seen some recent activity in the market and its common shares finished trading at $23.93 yesterday. Traders are starting to take interest of GM as the common shares traded as high as $24.00 and as low as $23.05 in the previous market session.
General Motors Company (GM) average trading volume is 18.16M. However, in the previous market session General Motors Company (GM) traded 16,108,685 shares. The 1st support level on GM is $22.44 and the 1st resistance level on GM is $37.31. GM 50 day moving average is $21.50 and GM 200-day moving average is $30.93.
General Motors Company (GM) most current performance has been indicated by the recent movement in GM common shares. GM has performed 3.46% over the past month, GM has performed -28.84% over the past quarter and GM has shown -36.32% over the past year. General Motors Company (GM) has a 52 week range of $14.33 to $41.90. General Motors Company (GM) is trading 67.05% from its 52 week low and -42.89% from its 52 week high. General Motors Company (GM) is indicating a 1.74% short float indicating the quantity short in the float.
GM has 1.34B shares outstanding and 1.33B shares in the float. General Motors Company (GM) at this time has a market cap of $32.11B and income of $4.71B. The EPS next quarter for GM is -1.61 and anticipated EPS net year is 254.90%. The market cap of General Motors Company (GM) at $32.11B signifies how many Traders own shares of GM and is calculated off the last price ($23.93) of GM and the quantity of shares outstanding (1.34B) with General Motors Company (GM).
General Motors Company (GM) has total cash (mrq) of 34.53B, total cash per share (mrq) of 24.13, total debt of GM remains at 128.76B and total debt/equity (mrq) is 290.54. General Motors Company (GM) operational cash flow (ttm) is 16.66B and GM leveraged free cash flow (ttm) is -742M.
GM is trading 8.43% above (bullish) its SMA20, 4.95% above (bullish) its SMA50 and -27.68% below (bearish) its SMA200.
In recent news, on May 7, 2020, it was announced, General Motors Prices $4.0 Billion of Senior Unsecured Notes. In this news it stated, General Motors Co. (NYSE: GM) announced today the pricing of three series of senior unsecured notes for a total of $4.0 billion. These notes include $1.0 billion of 5.40 percent notes due in 2023, $2.0 billion of 6.125 percent notes due in 2025 and $1.0 billion of 6.80 percent notes due in 2027. The offering is expected to settle on Tuesday, May 12, 2020. In addition, following the closing of the notes offering, GM expects to enter into a new 364-Day Revolving Credit Agreement, subject to certain closing conditions. We expect the New 364-Day Revolving Facility to be unsecured and to provide available borrowing capacity of approximately 2 billion in U.S. dollars, and we have received commitments from lenders in excess of this amount.
About General Motors Company (GM):
One of the world’s largest automakers, General Motors leads the U. S. market share with around 17% of the industry’s total sales in 2019.