General Electric Co (GE) Closes 0.88% Down on the Day for December 21

Equities Staff |

Dow Jones component General Electric Co (GE) saw its stock move -0.88% to $30.28, representing a per-share move of $0.27, on volume of 83.14 million shares for Monday.

General Electric Co currently has a total float of 10.11 billion shares and moves 124.66 million a day, on average. The stock opened at $30.39 on December 21 and traded between a low of $30.28 and a high of $30.58. The stock now has a 50-day SMA of $29.57 and 200-day SMA of $26.67, and it has a high of $31.23 and low of $19.37 over the last year.

General Electric Co provides services ranging from aircraft engines, power generation, water processing & household appliances to medical imaging, business & consumer financing, media content & industrial products.

Based out of Fairfield, CT, General Electric Co has 305,000 employees and is helmed by CEO Jeffrey R. Immelt.

For a deeper dive into the fundamentals of General Electric Co, check out equities.com’s E.V.A. report for GE.

GET TO KNOW THE DOW

The Dow Jones Industrial Average is the oldest and most-often cited stock market index for the American equities market. While it’s arguably outdated and inefficient, it remains the most visible representation of the stock market to the outside world. Consisting of 30 companies selected by the editorial board of the Wall Street Journal, it’s meant to give an overview of stock performances by looking at a slice of those mega- and large-cap companies deemed to best represent the broad economy.

The history of the index dates all the way back to 1896 when it was first created by Charles Dow, the legendary founding editor of the Wall Street Journal and founder of Dow Jones & Company, and Edward Jones, a statistician. The price-weighted, scaled index has since become a standard part of most major daily news recaps and has seen dozens of different companies pass through its ranks, with only General Electric (GE) remaining on the index since its inception.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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