Investors Alert; GM (NYSE:GM) Outlook Dissatisfies After Profit Beats Street- GM, F, TM, GE, WMT, HMC, MSFT

General Motors Company (NYSE:GM) proposed to investors a unsatisfactory outlook for the upcoming 6 months in North America, increasing questions around the US economy’s recovery and sending its shares dropped 2.3%.

While the world’s biggest automaker reported a Q1 profit that surpassed anticipates, the outlook for its core market moved down short of expectations. GM’s results echoed those of smaller competitor Ford Motor Co (NYSE:F), which last week also reported a improved than anticipated profit, but offered a disappointing forecast.

GM’s North American results in the Q1 were also shy of Wall Street’s expectations.

Turning towards the investors who viewing GM against Ford Motor Company (NYSE:F) declined -1.62%, Toyota Motor Corporation (ADR) (NYSE:TM) lost -0.79%, General Electric Company (NYSE:GE) slid -0.81%, Wal-Mart Stores, Inc. (NYSE:WMT) moved down -0.03%, Honda Motor Co Ltd (ADR) (NYSE:HMC) which also decreased -1.09% and Microsoft Corporation (NASDAQ:MSFT) slipped -0.13%.

General Motors Company (NYSE:GM) dropped -2.44% or -$0.56 to close the trading at $22.370 following it hit intra day high level of $23.19. The total traded volume in the previous trading session was 22.82 million shares as compared to average 9.30 million shares. Its fifty two week trading range was $19.00 – $33.47. The total market capitalization reached $35.03 billion.

The stock price was ahead its 52 week low price with 17.74% and it lagged behind -33.16% from its 52 week maximum mark. Stock price volatility for last month remained 2.75%. In its share capital, the company has 1.57 billion outstanding shares out of which 727.09 million shares have been floated in the market. For now, stock ownership with company’s management remained 0.08%.

GM presented a negative weekly performance of -5.69% with respect to its rate of return and it remained -12.41% for the month. However, the performance for a quarter experienced a negative change of -7.98% and it slumped -32.29% for a year and its year to date performance remained in green with 10.36%.

Current stock price is in the downbeat territory taking into account of 20 days moving average with -5.77% and continued bearish run for 50 days moving average with -10.31%. Its earning per share for the past twelve months was $4.58.

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