General Electric Company s in-depth stock price analysis indicates that the stock price has dropped -3.1% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -4.84% . Looking at the past 52 week period, the stock price is up at 5.17% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of General Electric Company has a negative value of -0.6 compared to overall market performance. Stocks of General Electric Company (NYSE:GE) rallied by 0.07% during the past week but lost 5.23% on a 4-week basis. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.74%. General Electric Company (NYSE:GE) has underperformed the index by 6.93% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
General Electric Company (NYSE:GE) : On Friday heightened volatility was witnessed in General Electric Company (NYSE:GE) which led to swings in the share price. The stock opened for trading at $29.74 and hit $29.75 on the upside , eventually ending the session at $29.72, with a gain of 0.44% or 0.13 points. The heightened volatility saw the trading volume jump to 22,787,056 shares. The 52-week high of the share price is $33 and the company has a market cap of $262,915 million. The 52-week low of the share price is at $27.1 .
General Electric Company Last issued its quarterly earnings results on Jan 20, 2017. The company reported $0.46 EPS for the quarter. Analyst had a consensus estimate of $0.46. The company had revenue of $33088.00 million for the quarter, compared to analysts expectations of $33668.72 million. The companys revenue was down -2.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.52 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.General Electric Company was Upgraded by Bernstein to Outperform on Dec 16, 2016.
Company has reported several Insider transactions to the SEC, on Feb 7, 2017, David Leon Joyce (Vice Chairman) sold 159,662 shares at 29.56 per share price.On Feb 2, 2017, Jeffrey S Bornstein (Senior Vice President) purchased 5,000 shares at 29.63 per share price.On Jan 23, 2017, Alexander Dimitrief (Senior Vice President) purchased 231 shares at 30.50 per share price.
General Electric Company operates as a technology and financial services company. Its segments include Energy Infrastructure, Aviation, Healthcare, Transportation, Home & Business Solutions and GE Capital. The companys Energy Infrastructure segment offers wind turbines; gas and steam turbines and generators. Its Aviation segment offers jet engines, turboprop and turbo shaft engines, aerospace systems and equipment. Its Healthcare segment provides medical imaging and information technologies, medical diagnostics, patient monitoring systems. Its Transportation segment provides drive technology solutions to various industries. Its Home and Business Solutions segment provides home appliances; lighting products, plant automation, hardware, software, and embedded computing systems. Its GE Capital segment offers commercial loans and leases, fleet management, financial programs, credit cards, personal loans and other financial services. General Electric Company is headquartered in Fairfield, Connecticut.