General Motors Company (NYSE:GM) Is Risky but Is Recovering


The GM stock price fluctuated between $55.1 and $55.91 throughout the trading session with the volume trading being 8M shares, which represented a negative variation when compared to the three months average volume of 16M shares.

The share price of General Motors Company (NYSE:GM) ran up 1.44% to close Monday’s market session at $55.73, higher as compared to yesterday’s close which brings the market valuation of the company to $80.85B.

The 52-week high for the General Motors Company’s shares is $64.30. That puts it -13.33% from that peak but still a 113.77% gain since the share price dropped to a 52-week low of $24.44, while the S&P 500’s share price change was of 36.19%.

The company currently has a 9.00 P/E ratio and a price target of $72.14.


What does the trading volume tell us about the GM stock?

During the last trading session, General Motors Company (NYSE:GM) has seen decay in its daily volume. The daily volume was of 16M, while in the last 10 days the average was 14.23M and last three months – 15.52M.
The decreasing interest in the GM stock from the investors is helping to drive the stock price down.

Growing short interest

The General Motors Company’s shares are seeing an increasing short interest compared to the previous month. As of today, there are 18.47M shares being shorted which translates into 1.14 of a short ratio for GM, while in the previous month the shorted shares were 17.74M.

General Motors Company (NYSE:GM) financials

With a market cap of 80.85B, General Motors Company holds a total cash of $23.08B that translates into $15.91 per share, while the total debt is of $112.19B.

The company has seen a decrease in the revenue with a year-over-year quarterly revenue growth percentage of -0.70%. The current revenue is of $122.25B that is $85.10 per share.
This is a not so good sign for the future.