As on Thursday, GrowGeneration Corp (NASDAQ: GRWG) started slowly as it slid -6.38% to $2.20, before settling in for the price of $2.35 at the close. Taking a more long-term approach, GRWG posted a 52-week range of $1.77-$5.00.
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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 76.60%. Meanwhile, its Annual Earning per share during the time was -28.61%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 55.64%. This publicly-traded company’s shares outstanding now amounts to $61.48 million, simultaneously with a float of $57.15 million. The organization now has a market capitalization sitting at $135.30 million. At the time of writing, stock’s 50-day Moving Average stood at $2.31, while the 200-day Moving Average is $2.64.
GrowGeneration Corp (GRWG) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Specialty Retail industry. GrowGeneration Corp’s current insider ownership accounts for 7.08%, in contrast to 36.16% institutional ownership. According to the most recent insider trade that took place on Nov 15 ’23, this organization’s President bought 302,766 shares at the rate of 2.35, making the entire transaction reach 710,138 in total value, affecting insider ownership by 1,240,075. Preceding that transaction, on Nov 15 ’23, Company’s CEO bought 21,000 for 2.36, making the whole transaction’s value amount to 49,638. This particular insider is now the holder of 1,333,120 in total.
GrowGeneration Corp (GRWG) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted -0.1 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.11) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
GrowGeneration Corp’s EPS increase for this current 12-month fiscal period is 55.64% and is forecasted to reach -0.23 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the -28.61% growth it accomplished over the previous five years trading on the market.
GrowGeneration Corp (NASDAQ: GRWG) Trading Performance Indicators
Let’s observe the current performance indicators for GrowGeneration Corp (GRWG). It’s Quick Ratio in the last reported quarter now stands at 2.67. The Stock has managed to achieve an average true range (ATR) of 0.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.60.
In the same vein, GRWG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.76, a figure that is expected to reach -0.11 in the next quarter, and analysts are predicting that it will be -0.23 at the market close of one year from today.
Technical Analysis of GrowGeneration Corp (GRWG)
Through scrutinizing the latest numbers posted by the [GrowGeneration Corp, GRWG], it can be observed that its last 5-days Average volume of 0.92 million was lower the volume of 1.12 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 47.79% While, its Average True Range was 0.21.
Raw Stochastic average of GrowGeneration Corp (GRWG) in the period of the previous 100 days is set at 24.36%, which indicates a major rise in contrast to 14.94% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 75.96% that was lower than 85.77% volatility it exhibited in the past 100-days period.
