what was ge highest stock price ever

Should you buy GE stock?

Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Portland General Electric currently has an average rating of “Hold” and a consensus price target of $52.00.

Why did GE do a reverse split?

“The purpose of the reverse stock split is to reduce the number of our outstanding shares of common stock, and to increase the per share trading price of our stock to levels that are better aligned with companies of GE’s size and scope and a clearer reflection of the GE of the future, not the past,” the company explains in a fact sheet.

What is wrong with GE stock?

General Electric‘s (GE) decision to spin off its ... and GE needs to acknowledge that trend in their strategy. Michael Abrams is co-founder and Managing Partner of Numerof & Associates.

When is GE dividend paid?

The dividend is paid every three months and the last ex-dividend date was Dec 20, 2021. * Dividend amounts are adjusted for stock splits when applicable. 1 day ago - General Electric (GE) to Post Q4 Earnings: What to Expect?

What was GE highest market cap?

For instance, General Electrics reached its highest level of market capitalization during the dot-com bubble, with over 451 billion U.S. dollars worth in 1999.

What was GE Stock Price 2000?

GE - General Electric CompanyDateOpenLowJul 01, 2000403.85380.77Jun 01, 2000400.48368.75May 08, 20003:1 Stock SplitMay 01, 2000407.69375.0081 more rows

Is GE a strong buy?

Bottom line: GE stock is not a buy. Over the long term, buying an index fund, such as SPDR S&P 500 (SPY), would have delivered safer, higher returns than GE stock. If you want to invest in a large-cap stock, IBD offers several strong ideas here.

What was the price of GE stock in 2009?

GE Long-Term Chart (1990 – 2020) A pullback into 2008 accelerated into a full-blown panic, dropping the stock more than 85% into the 2009 low at $5.51.

When did GE stock last split?

May 12, 1997: a 2-for-1 split of common shares. May 8, 2000: a 3-for-1 split of common shares. Feb. 26, 2019: a 104-for-100 split of common shares.

How many times has GE stock split?

General Electric (GE) has 8 splits in our General Electric stock split history database. The first split for GE took place on June 08, 1971. This was a 2 for 1 split, meaning for each share of GE owned pre-split, the shareholder now owned 2 shares.

How high will GE stock go?

General Electric's shares appear to be poised for a rebound, based on an analysis of the stock's sell-side analyst price targets. The mean consensus target price for GE is $124.71, which is +25% higher than the company's last traded share price of $99.95 as of January 6, 2022.

Is GE a good stock to buy 2021?

Key Points. GE stock fell after the company reported its fourth-quarter results on Tuesday. While revenue declined due to supply chain issues and avoiding low-margin sales, GE expanded its profit margin and generated strong free cash flow in 2021.

Is GE a long term buy?

Bottom line: GE stock is not a buy. Over the long term, buying an index fund, such as SPDR S&P 500 (SPY), would have delivered safer, higher returns than GE stock. If you want to invest in a large-cap stock, IBD offers several strong ideas here.

Why is GE stock so cheap?

So, why is GE stock so low? To address at least the COVID part, GE has exposure in aviation, healthcare, oil, venture capital, and other hard-hit industries. The year 2020 was hard for everyone, and even analysts from founder Morgan's namesake bank say it's a risky investment for 2021.

What was GE stock worth in 2010?

GE started the 2010s trading at around $14.50. The early years of the decade were actually good to GE investors, and the stock rallied as high as $33 by mid-2016.

What was GE stock worth in 2020?

10.8 U.S. dollars per shareThe General Electric Company's stock cost 10.8 U.S. dollars per share in 2020, down from a high of 51.56 U.S. dollars in 1999.

How much is GE stock in 2021?

What is General Electric?

General Electric (GE) has the following price history information. Looking back at GE historical stock prices for the last five trading days, on July 15, 2021, GE opened at $12.69, traded as high as $12.92 and as low as $12.57, and closed at $12.76. Trading volume was a total of 51.39M shares.

When did General Electric hit its peak market capitalization?

General Electric is a technology industrial company. Co.'s segments include: Power, which serves power generation, industrial, government and other customers with products and services related to energy production; Renewable Energy, which provides wind, blades, hydro, storage, solar and grid solutions, hybrid renewables, ...

Why did General Electric take billions of dollars?

Through 2000, GE enjoyed incredible growth, taking full advantage of the boom times of the 1980s and 1990s. In late 2000, General Electric hit its peak market capitalization, exceeding $600 billion. The upward trend had begun in the 1980s.

When did General Electric reach its peak?

But when liquidity dried up in the marketplace, General Electric found itself in trouble, and it took billions of dollars in capital raising from Warren Buffett and others in order to provide some confidence in the unit's viability.

Is General Electric a financial institution?

In late 2000, General Electric hit its peak market capitalization, exceeding $600 billion. The upward trend had begun in the 1980s. With the arrival of Jack Welch as CEO in 1981, General Electric started making strategic moves that sent the company in new directions, such as the acquisition of RCA and the NBC television network in 1986.

What was the largest company in 2011?

In the years since the financial crisis, General Electric has moved away from financial innovation and instead returned to its industrial roots. In industries like renewable energy, aerospace, oil and gas, and healthcare, General Electric has emphasized its ability to make vital products that lead to major advances. That has helped the stock price recover, with shares having tripled since GE's low point during the financial crisis.

How much is Google worth in 2020?

Apple ( AAPL) passed Exxon as the largest company in the world in 2011. It reached its all-time high in September of 2012 on the back of a 2012 gain of more than 70%. 14 After reaching all-time highs, the maker of the iPhone, Macintosh computers, and the iPad, saw a severe pullback.

When did GM collapse?

Alphabet/Google ($1,532.11) Technology giant Alphabet ( GOOG ), which is best known for its Google search engine, reached a record high of $1,532.11 in early 2020. 11 Google produces revenue through advertising, publishing tools, and its Android operating system.

Is a stock price indicative of quality?

16 GM led the way in automobile innovation but also in creating complicated corporate structures. In September 1916 , GM hit a record high of $697 per share but collapsed shortly after because the market for new automobiles dried up.

Who is the wealthiest person in the world in 2021?

A stock's price is not necessarily indicative of quality. However, looking at some of the highest stock prices ever can be educational for those interested in the history of the stock market.

Is Amazon stock still high?

The online bookstore turned everything store recovered from a terrible plunge below $10 a share after the dotcom bubble burst. Amazon's founder, Jeff Bezos, is the wealthiest person in the world as of July 10, 2021. 9 10.