Garrett Motion Inc (GTX) Stock: A Closer Look

At the time of writing, Garrett Motion Inc [GTX] stock is trading at $8.32, up 4.00%. An important factor to consider is whether the stock is rising or falling in short-term value. The GTX shares have gain 2.34% over the last week, with a monthly amount drifted -1.19%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Garrett Motion Inc [NASDAQ: GTX] stock has seen the most recent analyst activity on June 03, 2021, when BWS Financial initiated its Buy rating and assigned the stock a price target of $15.

For the past year, the stock price of Garrett Motion Inc fluctuated between $6.43 and $10.16. Garrett Motion Inc [NASDAQ: GTX] shares were valued at $8.32 at the most recent close of the market.

Analyzing the GTX fundamentals

According to Garrett Motion Inc [NASDAQ:GTX], the company’s sales were 3.71B for trailing twelve months, which represents an -11.97% plunge. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is -0.33 and Total Capital is 0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -2.04.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.15 points at the first support level, and at 7.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.43, and for the 2nd resistance point, it is at 8.54.

Ratios To Look Out For

It is important to note that Garrett Motion Inc [NASDAQ:GTX] has a current ratio of 0.94. On the other hand, the Quick Ratio is 0.72, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.49 and price to earnings (TTM) ratio is 8.30.

Transactions by insiders

Recent insider trading involved Steyn Julia, Director, that happened on Jul 31 ’24 when 14000.0 shares were sold. Director, JULIA STEYN completed a deal on Jul 31 ’24 to buy 14000.0 shares. Meanwhile, 10% Owner CYRUS CAPITAL PARTNERS, L.P. sold 3779.0 shares on Jul 18 ’24.

Related Posts