Grab Holdings Limited (NASDAQ: GRAB) on Friday, plunged -3.47% from the previous trading day, before settling in for the closing price of $5.18. Within the past 52 weeks, GRAB’s price has moved between $2.90 and $5.72.
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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%. The company achieved an average annual earnings per share of 69.66%. With a float of $2.37 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 41.62%, operating margin of -6.59%, and the pretax margin is -3.5%.
Grab Holdings Limited (GRAB) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Grab Holdings Limited is 40.06%, while institutional ownership is 41.71%. The most recent insider transaction that took place on Nov 27 ’24, was worth 1,051,440. Before that another transaction happened on Nov 19 ’24, when Company’s Officer proposed sale 1,000,000 for $4.99, making the entire transaction worth $4,990,000.
Grab Holdings Limited (GRAB) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 69.66% per share during the next fiscal year.
Grab Holdings Limited (NASDAQ: GRAB) Trading Performance Indicators
Grab Holdings Limited (GRAB) is currently performing well based on its current performance indicators. A quick ratio of 2.67 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.12. Likewise, its price to free cash flow for the trailing twelve months is 28.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.02, 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 25.87 million, its volume of 38.35 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 44.61%. Additionally, its Average True Range was 0.24.
During the past 100 days, Grab Holdings Limited’s (GRAB) raw stochastic average was set at 73.72%, which indicates a significant increase from 50.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.12% in the past 14 days, which was higher than the 41.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.22, while its 200-day Moving Average is $3.60. Nevertheless, the first resistance level for the watch stands at $5.14 in the near term. At $5.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.37. If the price goes on to break the first support level at $4.91, it is likely to go to the next support level at $4.81. Should the price break the second support level, the third support level stands at $4.68.
Grab Holdings Limited (NASDAQ: GRAB) Key Stats
Market capitalization of the company is 19.11 billion based on 4,027,000K outstanding shares. Right now, sales total 2,359 M and income totals -434,000 K. The company made 716,000 K in profit during its latest quarter, and 26,000 K in sales during its previous quarter.
