General Electric Co (GE) Closes 2.95% Up on the Day for February 15

Equities Staff |

Dow Jones component General Electric Co (GE) saw its stock move 2.95% to $28.26, representing a per-share move of $0.81, on volume of 57.65 million shares for Monday.

General Electric Co currently has a total float of 10.11 billion shares and moves 56.5 million a day, on average. The stock opened at $27.57 on February 15 and traded between a low of $27.36 and a high of $28.26. The stock now has a 50-day SMA of $29.41 and 200-day SMA of $27.37, and it has a high of $31.49 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 While it’s arguably outdated and inefficient, it remains the most visible representation of the stock market to the outside world.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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Altair Resources Inc.

Altair Resources Inc, formerly Altair Gold Inc acquires, explores and develops mineral properties in Canada. The Company is in the process of exploring its mineral properties.

Private Markets

GoCoin

Blockchain currencies (e.g. Bitcoin) provide a new disruptive way to transfer value between parties over the internet as opposed to going through banks. GoCoin provides online merchants with a suite…

Snapchat

Snapchat is the fastest way to share a moment with friends. The mobile app, allows users to not only share photos with friends but also control how long they can…