Should You Buy General Motors Company (GM) Stock on Friday?

Overall market sentiment has been neutral on General Motors Company (GM) stock lately. GM receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

General Motors Company has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on GM!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With GM Stock Today?

General Motors Company (GM) stock is trading at $39.44 as of 12:05 PM on Friday, Aug 19, an increase of $0.72, or 1.86% from the previous closing price of $38.72. The stock has traded between $39.09 and $40.28 so far today. Volume today is 12,160,355 compared to average volume of 13,029,126. To screen for more stocks like General Motors Company click here.

More About General Motors Company

General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company lost its U.S. market share leader crown in 2021 with share down 280 basis points to 14.6%, but we expect GM to reclaim the top spot in 2022 due to 2021 suffering from the chip shortage. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit. Click Here to get the full Stock Report for General Motors Company stock.