Previous close | 94.05 |
Open | 94.53 |
Bid | 95.54 x 900 |
Ask | 95.68 x 900 |
Day's range | 94.31 - 95.67 |
52-week range | 46.78 - 95.67 |
Volume | |
Avg. volume | 8,153,615 |
Market cap | 104.459B |
Beta (5Y monthly) | 1.23 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.45 |
Earnings date | 24 Apr 2023 - 28 Apr 2023 |
Forward dividend & yield | 0.32 (0.40%) |
Ex-dividend date | 14 Dec 2022 |
1y target est | 86.78 |
Siemens Gamesa had sued GE for patent infringement in 2020 over the latter's Haliade-X turbines. Last year, a Boston federal judge barred GE from making and selling its Haliade-X wind turbines in the United States, after a jury found they infringed a patent owned by Siemens Gamesa. But GE was allowed to continue making and operating the turbines for existing projects off the coasts of Massachusetts and New Jersey with royalty payments to Siemens Gamesa.
In the latest trading session, General Electric (GE) closed at $94.05, marking a -0.01% move from the previous day.
Dutch state-owned electric grid company TenneT has awarded 11 contracts worth a combined 23 billion euros ($25 billion) to build systems connecting wind farms in the North Sea to shore, it said on Thursday. The contracts are being awarded to consortia led by Hitachi Energy and by General Electric, and caused shares in Petrofac, part of the Hitachi consortium, to spike as much as 73%. TenneT is spending tens of billions of euros over the next decade to connect North Sea wind farms to the electric grid in Germany and the Netherlands.