NEW resistance will be created + Key financial ratios
I like GE, yesterday the stock reached it 52wk high ( $25.75 ) There is a holding tedency of the stock :
Current 1MO AGO Shares Held 6.24 B 6.31 B Shares Bought 778.57M 798.57 M Shares Sold 352.48M 413.21 M
There's a long term oportunity even if financial ratios aren't very good compared to the industy P/E 17.50 Industry 19.20 Revenue Increase since March Mar 35.01B Jun 35.12B Dividends increased of 2cents this year, passed from 0.17 per share to 0.19 per share Ge has only a con it has high debt, Total debt to equity : 3.16 and Industry has 1.72. I see at as low medium risk stock, i expect better earnings next time, so i'm bullish.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.