) pushed the Automotive industry lower today making it today's featured Automotive loser. The industry as a whole closed the day down 1.7%. By the end of trading, General Motors fell 48 cents (-2.1%) to $22.37 on average volume. Throughout the day, 7.4 million shares of General Motors exchanged hands as compared to its average daily volume of 9.3 million shares. The stock ranged in price between $21.98-$22.50 after having opened the day at $22.42 as compared to the previous trading day's close of $22.85. Other company's within the Automotive industry that declined today were:
), down 9.9%,
), down 7.5%,
), down 6.3%, and
), down 6%.
General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $35.14 billion and is part of the
sector. The company has a P/E ratio of 6.6, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 12.7% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate General Motors a buy, no analysts rate it a sell, and four rate it a hold.
TheStreet Ratings rates General Motors as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins.
- You can view the full General Ratings Report.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider
) while those bearish on the automotive industry could consider
- Find other investment ideas from our top rated ETFs lists.