On Friday, Grab Holdings Limited (NASDAQ: GRAB) was 0.94% up from the session before settling in for the closing price of $3.20. A 52-week range for GRAB has been $2.90 – $3.88.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 94.09%. When this article was written, the company’s average yearly earnings per share was at 57.98%. With a float of $2.30 billion, this company’s outstanding shares have now reached $3.81 billion.
Considering the fact that the conglomerate employs 10604 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 40.66%, operating margin of -8.97%, and the pretax margin is -8.67%.
Grab Holdings Limited (GRAB) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Grab Holdings Limited stocks. The insider ownership of Grab Holdings Limited is 42.00%, while institutional ownership is 41.66%. The most recent insider transaction that took place on Aug 20 ’24, was worth 2,331,000. Before that another transaction happened on Aug 16 ’24, when Company’s Officer proposed sale 300,000 for $3.12, making the entire transaction worth $936,000.
Grab Holdings Limited (GRAB) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.02 earnings per share (EPS) during the time that was better than consensus figure (set at -0.02) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 57.98% per share during the next fiscal year.
Grab Holdings Limited (NASDAQ: GRAB) Trading Performance Indicators
You can see what Grab Holdings Limited (GRAB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.95. Likewise, its price to free cash flow for the trailing twelve months is 19.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.05, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.04 in one year’s time.
Technical Analysis of Grab Holdings Limited (GRAB)
Compared to the last year’s volume of 22.59 million, its volume of 24.77 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 37.04%. Additionally, its Average True Range was 0.10.
During the past 100 days, Grab Holdings Limited’s (GRAB) raw stochastic average was set at 31.65%, which indicates a significant decrease from 41.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.35% in the past 14 days, which was higher than the 24.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.40, while its 200-day Moving Average is $3.33. Nevertheless, the first resistance level for the watch stands at $3.26 in the near term. At $3.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.31. If the price goes on to break the first support level at $3.21, it is likely to go to the next support level at $3.19. Should the price break the second support level, the third support level stands at $3.16.
Grab Holdings Limited (NASDAQ: GRAB) Key Stats
There are 3,923,000K outstanding shares of the company, which has a market capitalization of 12.79 billion. As of now, sales total 2,359 M while income totals -434,000 K. Its latest quarter income was 664,000 K while its last quarter net income were -53,000 K.
