News Review: General Electric Company (NYSE:GE), MagneGas Corporation (NASDAQ:MNGA)

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General Electric Company (NYSE:GE)

General Electric Company (NYSE:GE) represented a move of 0.96 percent or $-0.15 per share and closed its previous day trading session at $7.35. 112.24 Million Shares were traded in the last trading session with an Average Volume of 120.98 Million Shares. The stock currently has a Market Capitalization of 67.68 Billion.

General Electric Company operates as a technology and financial services company. Its segments include Energy Infrastructure, Aviation, Healthcare, Transportation, Home & Business Solutions and GE Capital. The company’s Energy Infrastructure segment offers wind turbines; gas and steam turbines and generators. Its Aviation segment offers jet engines, turboprop and turbo shaft engines, aerospace systems and equipment. Its Healthcare segment provides medical imaging and information technologies, medical diagnostics, patient monitoring systems. Its Transportation segment provides drive technology solutions to various industries. Its Home and Business Solutions segment provides home appliances; lighting products, plant automation, hardware, software, and embedded computing systems. Its GE Capital segment offers commercial loans and leases, fleet management, financial programs, credit cards, personal loans and other financial services. General Electric Company is headquartered in Fairfield, Connecticut.

The stock traded between $ 7.15 and $19.39 over 1-Year time period showing its price to sales ratio of 0.56. General Electric Company (NYSE:GE) is currently showing an DECREASING volatility over a period of 10-Days while the 20-Days Volatility showing a DECREASING trend.

Right now, the stock has a 50-Day Simple Moving Average of $-28.86 and 200-Day Simple Moving Average of $-42.45. Its Price to Free Cash Flow is 123.51 and Price to Book of 2.03.

Analyst’s recommended the stock as 2.6 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, General Electric Company (NYSE:GE) reported its Actual EPS of $0.14/share. The analysts offering Earnings Estimates for the company were believing that General Electric Company could bring EPS of $0.2/share. The difference between Actual EPS and Estimated EPS was -0.06 Percent. Thus showing an Earnings Surprise of -30 Percent.

MagneGas Corporation (NASDAQ:MNGA)

In the last trading session, MagneGas Corporation (NASDAQ:MNGA) added its value by -2.98% closing at the price of $0.29. The stock currently has market capitalization of 39.55 Million, with average volume of 18.64 Million shares.

Beta is also a factor of measure of the relative volatility of a particular stock to the market. Currently MagneGas Corporation (NASDAQ:MNGA) is showing beta of -1.72. This particular value of beta suggests that MagneGas Corporation (NASDAQ:MNGA) has historically moved -172% for every 100% move in the benchmark, based on price level.

EPS is another important factor while making the decision of buying, selling or holding of particular share. Currently EPS for MagneGas Corporation (NASDAQ:MNGA) is at $-6.8.

The stock currently has RSI of 46.28. RSI is considered overbought when above 70 and oversold when below 30, currently the given RSI for the stock suggests that the stock is average and it has not entered in overbought or oversold territory.

MagneGas Applied Technology Solutions Inc. operates as an energy company. It offers a technology solution to create, process and produce hydrogen-based fuel through the gasification of carbon-rich liquids, including certain liquids and liquid wastes. The company’s product pipeline consists of MagneGas (R), Magne Tote, Co- Combustion and Sustainable Solutions. MagneGas Applied Technology Solutions Inc., formerly known as MagneGas Corporation, is headquartered in Clearwater, Florida.

MagneGas Corporation (NASDAQ:MNGA) topped its 52-week high price of $7.140 on 12/21/17 and 52-Week Low Price of $0.130 on 09/18/18. The Stock currently has P/E (price to earnings ttm) of 0 and Weekly volatility of 6.84% and monthly volatility of 17.20% respectively.