On Monday, Grab Holdings Limited (NASDAQ: GRAB) opened lower -1.30% from the last session, before settling in for the closing price of $3.85. Price fluctuations for GRAB have ranged from $2.90 to $3.88 over the past 52 weeks.
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Annual sales at Technology sector company grew by 94.09% over the past five years. Company’s average yearly earnings per share was noted 55.10% at the time writing. With a float of $2.30 billion, this company’s outstanding shares have now reached $3.81 billion.
Let’s look at the performance matrix of the company that is accounted for 10604 employees.
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 42.00%, while institutional ownership is 41.57%. The most recent insider transaction that took place on Sep 11 ’24, was worth 111,012. Before that another transaction happened on Sep 09 ’24, when Company’s Officer proposed sale 50,000 for $3.29, making the entire transaction worth $164,500.
Grab Holdings Limited (GRAB) Latest Financial update
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According to the Wall Street analysts, stocks earnings will be around 55.10% 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 2.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.82. Likewise, its price to free cash flow for the trailing twelve months is 23.30.
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)
Grab Holdings Limited (NASDAQ: GRAB) saw its 5-day average volume 33.05 million, a positive change from its year-to-date volume of 22.8 million. As of the previous 9 days, the stock’s Stochastic %D was 84.17%. Additionally, its Average True Range was 0.09.
During the past 100 days, Grab Holdings Limited’s (GRAB) raw stochastic average was set at 91.11%, which indicates a significant increase from 85.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.59% in the past 14 days, which was lower than the 22.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.38, while its 200-day Moving Average is $3.37. Nevertheless, the first resistance level for the watch stands at $3.87 in the near term. At $3.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.00. If the price goes on to break the first support level at $3.74, it is likely to go to the next support level at $3.68. The third support level lies at $3.61 if the price breaches the second support level.
Grab Holdings Limited (NASDAQ: GRAB) Key Stats
There are currently 3,923,000K shares outstanding in the company with a market cap of 15.05 billion. Presently, the company’s annual sales total 2,359 M according to its annual income of -434,000 K. Last quarter, the company’s sales amounted to 664,000 K and its income totaled -53,000 K.
