MARKET COMPOSITE
GTES - Gates Industrial Corporation plc8:00:02 PM 3/28/2024
Price
$17.71
-0.03 (-0.17%)
Gates Corporation, based in Denver, Colorado, is a manufacturer of power transmission belts and fluid power products, which are used in diverse industrial and automotive applications. The company employs over 14,000 and has sales and manufacturing operations in North and South America, Europe, Asia, Australia, and the Middle East. On October 1, 1911, Charles Gates Sr. purchased the Colorado Tire and Leather Company located in Denver, Colorado beside the South Platte River. Colorado Tire and Leather Company made a single product, the Durable Tread, a steel-studded band of leather that motorists attached to tires to extend their mileage. In 1917, the company began phasing out leather in favor of rubber and Charles Gates changed its name to the International Rubber Company.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue863.3MM-1%
Gross Profit337.7MM-2%
Cost Of Revenue525.6MM-1%
Operating Income120.3MM-4%
Operating Expenses217.4MM-
Net Income62.9MM-20%
G&A216MM+1%
Amortization33.4MM+4%
Interest Expense38.4MM-3%
Restructuring & Acquisition100K-200%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news