Garrett Motion Shares Approach Record Territory

Garrett Motion US3665051054

Garrett Motion Inc. shares are trading near their highest level in a year, with investors looking ahead to the company’s upcoming earnings report to see if the momentum can be sustained.

The stock recently touched a 52-week peak of $18.76 and is currently hovering around $18.74. This price represents a staggering gain of approximately 107.4% over the past twelve months. The equity is trading well above its key moving averages, notably the 50-day average of $17.07 and the 200-day average of $14.39.