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A Peer Comparison of GM’s Technical Indicators

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Enterprise value multiples

At the end of yesterday’s trading session, General Motors (GM) was the third-largest global automobile player in terms of market capitalization at $51.2 billion. 

In comparison, Toyota Motor (TM) had a market cap of $179.7 billion, Fiat Chrysler Automobile (FCAU) had a market cap of $16.1 billion, Ford Motor Company (F) had a market cap of $45.7 billion, and Tesla (TSLA) had a market cap of $51.9 billion. 

General Motors was trading at a forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 5.59x. Toyota, Fiat Chrysler, Ford, and Tesla had EV-to-EBITDA multiples of 10.72x, 1.67x, 12.36x, and 54.17x, respectively.

Eight out of the 22 analysts covering General Motors stock call it a “buy,” 13 recommend “holds,” and one recommends a “sell.”

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Median target estimate and Bolinger Band

GM’s median price is $39. In the previous trading session, Amazon stock closed at $33.99, close to its mid–Bolinger Band of $34, implying that the stock is neither overbought nor oversold.

Moving average convergence divergence

The moving average convergence divergence (or MACD) refers to the difference between a stock’s long-term and short-term moving averages. The company has an MACD of -0.59 for the last 14 days.

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