Time for Investors to Take the Plunge on General Motors Company (NYSE:GM)

Equity Research firms currently have a positive stance on shares of General Motors Company (NYSE:GM). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.30. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $36.72 on a short term basis.

At the time of writing, the stock was trading at $32.13. This represents a change from the opening price of 0.11%. In terms of performance, year to date, the stock is -2.24%. The monthly stock performance comes in at 1.96%. For the quarter, shares are performing at 15.10%. Weekly performance analysis shows the equity at 0.75%.

In taking a look at technical levels, shares are trading 2.68% away from the 50 day simple moving average and 6.76% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -8.63% away from it’s 52- week high and 24.94% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, General Motors Company’s RSI stands at 58.22. In looking at volatility levels, the shares saw weekly volatility of 1.48% and 1.58% over the past month.

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