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Ge Healthcare Technologies GEHC - News Analyzed: 3,838 - Last Week: 98 - Last Month: 490

⇘ GE Healthcare Technologies (GEHC) Witnesses Market Volatility Despite Promising Institutional Investments

GE Healthcare Technologies (GEHC) Witnesses Market Volatility Despite Promising Institutional Investments
Great Lakes Advisors LLC has holdings in GE Healthcare Technologies Inc. worth $19.52 million. Despite lagging in the market, GEHC's CEO has sold $5459510.70 worth of stock. GEHC's Return on Equity (ROE) continues to excel the industry norms. However, the company's stock crashed by 14%. Ahead of its earnings report, the company is noted to have missed revenue estimates because of its weak performance in the China market. Yet, GEHC's intrinsic value is predicted to be 100% above its share price.
A growing short interest has been recognized in GEHC, causing the stock to tumble after an earnings miss. Furthermore, its Q1 2024 earnings release experienced a significant increase in short interest. NBC Securities Inc. has a $76000 stake in GEHC and the company is mostly controlled by institutional shareholders owning 66%. Despite the significantlast week loss by institutional investors, GEHC's ROE continues to impress. Wipro GE Healthcare aims for India's healthcare growth through $960M investment. BofA adopts a neutral stance on GEHC, pricing its margin upside. Considering its current levels, GEHC is an attractive buy.

Ge Healthcare Technologies GEHC News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 19 May 2024 16:51:11 GMT - Rating -4 - Innovation 3 - Information 6 - Rumor -2

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