A new trading day began on Monday, with Grab Holdings Limited (NASDAQ: GRAB) stock price up 0.49% from the previous day of trading, before settling in for the closing price of $4.07. GRAB’s price has ranged from $2.90 to $4.32 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 94.09% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 57.28%. With a float of $2.30 billion, this company’s outstanding shares have now reached $3.81 billion.
In an organization with 10604 employees, it is important to assess its efficiency. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Grab Holdings Limited is 41.98%, while institutional ownership is 41.85%. The most recent insider transaction that took place on Oct 21 ’24, was worth 3,730,000. Before that another transaction happened on Oct 15 ’24, when Company’s Officer proposed sale 90,000 for $3.64, making the entire transaction worth $327,600.
Grab Holdings Limited (GRAB) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 57.28% per share during the next fiscal year.
Grab Holdings Limited (NASDAQ: GRAB) Trading Performance Indicators
Here are Grab Holdings Limited’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.25. Likewise, its price to free cash flow for the trailing twelve months is 25.02.
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 0.03 in one year’s time.
Technical Analysis of Grab Holdings Limited (GRAB)
Let’s dig in a bit further. During the last 5-days, its volume was 17.42 million. That was inferior than the volume of 23.53 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 32.63%. Additionally, its Average True Range was 0.11.
During the past 100 days, Grab Holdings Limited’s (GRAB) raw stochastic average was set at 82.84%, which indicates a significant increase from 68.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.32% in the past 14 days, which was higher than the 26.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.68, while its 200-day Moving Average is $3.45. However, in the short run, Grab Holdings Limited’s stock first resistance to watch stands at $4.14. Second resistance stands at $4.19. The third major resistance level sits at $4.24. If the price goes on to break the first support level at $4.04, it is likely to go to the next support level at $3.99. Assuming the price breaks the second support level, the third support level stands at $3.94.
Grab Holdings Limited (NASDAQ: GRAB) Key Stats
With a market capitalization of 16.16 billion, the company has a total of 3,923,000K Shares Outstanding. Currently, annual sales are 2,359 M while annual income is -434,000 K. The company’s previous quarter sales were 664,000 K while its latest quarter income was -53,000 K.
