Discover the latest General Electric share price with our interactive streaming chart
General Electric (GE) is a multinational digital industrial company with a wide-ranging portfolio of interests. GE operates the following business segments: additive manufacturing, aviation, venture capital and finance, digital, healthcare, power and renewable energy.
General Electric explains its mission as “building the world by providing capital, expertise and infrastructure for a global economy”. For example, GE Capital has provided billions in financing to businesses, enabling them to expand their operations. General Electric also builds appliances, power systems and other products for millions of homes and commercial properties around the world.
In 2019, General Electric was ranked in the Fortune 500 as the 21st biggest US company by gross revenue. As of the end of November 2020, it had a market capitalisation of around $85.5bn.
Founded in 1892, General Electric was one of the original 12 companies included in the Dow Jones Industrial Average. Headquartered in Boston, USA, the company is located in over 170 countries and employs approximately 205,000 people around the world.
GE shares are listed on the New York Stock Exchange (NYSE). The stock is a component of the S&P 100 and S&P 500 indices. You can check out Capital.com’s interactive chart for the latest GE stock price live.
Looking back into historical GE share value, during the global financial crisis the General Electric share price fell as low as $7, recovered and climbed to $33 in July 2016. However, the shares fell for most of 2017, and by February 2018 they were back under $15.
Looking at the GE shares today, you can see that in a one-year period the GE stock price has been fluctuating within a range of $5.48 – $13.26. Having reached the lowest point of 5.48 in May, 2020 the General Electric stock quote rebounded to $9.76 in November 2020, which is 26 per cent down from its 52-week high from February 2020.
The positive GE stock price sentiment was driven by stronger than expected third-quarter earnings, revealed by the company. Although the results were weaker than for the same period in 2019, mostly due to the coronavirus pandemic, they still exceeded the Wall Street expectations.
GE reported revenue of $19.42bn and earnings per share of 6 cents. Commenting on the company’s performance in Q3 2020, GE Chairman and CEO H Lawrence Culp Jr. said: "we are managing through a still-difficult environment with better operational execution across our businesses, and we are on track with our cost and cash actions. While our work continues, GE’s transformation is accelerating, and we expect Industrial free cash flow to be at least $2.5bn in the fourth quarter and positive in 2021. We remain focused on unlocking upside potential for the long term.”
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