Market Movers

GE HealthCare Technologies Inc.’s Stock Price Soars to $87.55, Witnessing a Robust Increase of 3.24%

By September 5, 2024 No Comments

GE HealthCare Technologies Inc. (GEHC)

87.55 USD +2.75 (+3.24%) Volume: 2.01M

GE HealthCare Technologies Inc.’s stock price soars to 87.55 USD, witnessing an impressive surge of +3.24% in today’s trading session with a high trading volume of 2.01M, and a remarkable YTD increase of +13.23%, solidifying GEHC’s strong market performance.


Latest developments on GE HealthCare Technologies Inc.

Today, GE HealthCare Technologies is set to present at the Wells Fargo Healthcare Conference, with a webcast scheduled for 10:15 AM ET. This comes after the recent partnership announcement between GE HealthCare and MedQuest to develop outpatient imaging technology. Investors are eagerly anticipating the conference presentation for potential insights into the company’s future growth prospects, which could impact GE HealthCare Technologies’ stock price movements throughout the day.


A look at GE HealthCare Technologies Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

GE HealthCare Technologies has been assigned a range of Smart Scores, indicating its overall outlook in various aspects. With a Momentum score of 4, the company is showing strong growth potential and positive market sentiment. This suggests that GE HealthCare Technologies is performing well in terms of its stock price and investor interest. Additionally, the company’s Growth score of 3 indicates a promising long-term growth trajectory, highlighting its potential for expansion and development in the future.

On the other hand, GE HealthCare Technologies received a Value score of 3 and a Dividend score of 2, suggesting that the company may not be as undervalued or dividend-friendly compared to its peers. With a Resilience score of 2, GE HealthCare Technologies may face some challenges in terms of withstanding market fluctuations or economic downturns. Overall, the company’s Smart Scores paint a mixed picture of its long-term outlook, with strengths in momentum and growth but potential weaknesses in value, dividend, and resilience.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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