In yesterday’s Wall Street session, Goldman Sachs Group, Inc (NYSE:GS) shares traded at $582.17, down -2.32% from the previous session.
GS stock price is now 15.01% away from the 50-day moving average and 27.90% away from the 200-day moving average. The market capitalization of the company currently stands at $182.75B.
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On April 16, 2024, Argus Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $465, while ‘Daiwa Securities’ rates the stock as ‘Outperform’
In other news, FREDMAN SHEARA J, Managing Director bought 2,974 shares of the company’s stock on Nov 06 ’24. The stock was bought for $1,567,179 at an average price of $526.96. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06 ’24, Managing Director ROGERS JOHN F.W. bought 6,416 shares of the business’s stock. A total of $3,380,975 was incurred on buying the stock at an average price of $526.96. A total of 0.51% of the company’s stock is owned by insiders.
During the past 12 months, Goldman Sachs Group, Inc has had a low of $319.66 and a high of $598.60. According to the stock market information, the enterprise value for the company is -$88945893376, which is based on a 17.08 price-to-earnings ratio, a 0.78 price-to-earnings-growth ratio, and a beta of 1.36. The fifty day moving average price for GS is $504.604 and a two-hundred day moving average price translates $454.15445 for the stock.
The latest earnings results from Goldman Sachs Group, Inc (NYSE: GS) was released for 2024-09-30. The net profit margin was 9.27% and return on equity was 10.21% for GS. The company reported revenue of $12.7 billion for the quarter, compared to $11.82 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.46 percent.
