General Electric Company (NYSE:GE) said that the company had been working out a plan to shut down one of its largest power plants in California as early as this year after capitalizing one-third of its usual life-span, adding that the natural gas-based power plant had no longer been economically viable in a state where solar and wind had been growing stubbornly as an inexpensive source of electricity.
Technical Stock Analysis
General Electric Company (NYSE:GE), a Industrial Goods sector firm, traded 65.43 Million shares in last trading session and stock dropped -1.41% with closing price of $10.48 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and General Electric Company (NYSE:GE)’s gross margin stands at 22.70%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a General Electric Company (NYSE:GE)’s profitability or to compare the efficiency of different investments, hence, GE return on investment (ROI) is -11.80%.
52-Week Range
52-Week Range are valuable stats for watching General Electric Company (NYSE:GE)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. General Electric Company (NYSE:GE)’s stock value has moved between $6.39 – 13.79 in last one year.
Analyst’s Views
Analysts mean target price for General Electric Company (NYSE:GE) is $12.76 while analysts mean recommendation is 2.50.
Stock Performance
Its weekly performance is 2.44% while year to date (YTD) performance is 44.02%.
EPS Growth
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. General Electric Company (NYSE:GE)’s EPS growth this year is -406.70%. For best decision making investors should look at General Electric Company (NYSE:GE)’s EPS growth for next year stands at 25.00%.
