General Motors Company rose 1.2% during the morning session to $35.62 despite the recent report from Barrons: "GM Is Recalling More Chevy Bolts. This Time It's for Seat Belts. ..." You can read more about it here. For those of you thinking about investing in the stock, here is a brief look at the company's fundamentals.
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories in North America, the Asia Pacific, the Middle East, Africa, South America, the United States, and China. The company belongs to the Consumer Cyclical sector, which has an average price to earnings (P/E) ratio of 24.11 and an average price to book (P/B) ratio of 3.11. In contrast, General Motors Company has a trailing 12 month P/E ratio of 6.1 and a P/B ratio of 0.8.
General Motors Company has moved -37.2% over the last year compared to -18.6% for the S&P 500 -- a difference of -18.6%. General Motors Company has a 52 week high of $67.21 and a 52 week low of $30.33. At today's price of $35.62 per share, General Motors Company is -27.04% away from its target price of $48.82, and on average, analysts give the stock a rating of buy. 1.3% of the company's shares are linked to short positions, and 82.8% of the shares are owned by institutional investors.
