On November 20, 2023, Grab Holdings Limited (NASDAQ: GRAB) opened at $3.31, lower -2.42% from the last session. During the day, the shares moved up to $3.31 and dropped to $3.21 before settling in for the closing price of $3.31. Price fluctuations for GRAB have ranged from $2.65 to $4.03 over the past 52 weeks.
Annual sales at Technology sector company grew by 103.91% over the past five years. Company’s average yearly earnings per share was noted 68.18% at the time writing. With a float of $1.98 billion, this company’s outstanding shares have now reached $3.74 billion.
Let’s look at the performance matrix of the company that is accounted for 11934 employees. In terms of profitability, gross margin is +5.37, operating margin of -92.95, and the pretax margin is -120.45.
Grab Holdings Limited (GRAB) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Grab Holdings Limited is 48.62%, while institutional ownership is 35.74%.
Grab Holdings Limited (GRAB) Latest Financial update
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted -$0.02 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.02) by $0. This company achieved a net margin of -117.45 while generating a return on equity of -23.48. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 68.18% per share during the next fiscal year.
Grab Holdings Limited (NASDAQ: GRAB) Trading Performance Indicators
Check out the current performance indicators for Grab Holdings Limited (GRAB). In the past quarter, the stock posted a quick ratio of 3.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.65. Likewise, its price to free cash flow for the trailing twelve months is 155.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.22, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Grab Holdings Limited (GRAB)
Grab Holdings Limited (NASDAQ: GRAB) saw its 5-day average volume 23.13 million, a positive change from its year-to-date volume of 17.71 million. As of the previous 9 days, the stock’s Stochastic %D was 50.34%. Additionally, its Average True Range was 0.12.
During the past 100 days, Grab Holdings Limited’s (GRAB) raw stochastic average was set at 25.00%, which indicates a significant decrease from 52.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.32% in the past 14 days, which was lower than the 35.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.35, while its 200-day Moving Average is $3.29. Nevertheless, the first resistance level for the watch stands at $3.29 in the near term. At $3.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.39. If the price goes on to break the first support level at $3.19, it is likely to go to the next support level at $3.15. The third support level lies at $3.09 if the price breaches the second support level.
Grab Holdings Limited (NASDAQ: GRAB) Key Stats
There are currently 3,747,115K shares outstanding in the company with a market cap of 12.47 billion. Presently, the company’s annual sales total 1,433 M according to its annual income of -1,683 M. Last quarter, the company’s sales amounted to 615,000 K and its income totaled -91,000 K.