On Monday, GrowGeneration Corp (NASDAQ: GRWG) opened higher 7.22% from the last session, before settling in for the closing price of $1.94. Price fluctuations for GRWG have ranged from $1.55 to $3.38 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 76.60% annually for the last half of the decade. Company’s average yearly earnings per share was noted 24.87% at the time writing. With a float of $54.22 million, this company’s outstanding shares have now reached $59.24 million.
In an organization with 400 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 20.59%, operating margin of -19.24%, and the pretax margin is -26.59%.
GrowGeneration Corp (GRWG) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Specialty Retail industry is another important factor to consider. The insider ownership of GrowGeneration Corp is 8.47%, while institutional ownership is 40.87%. The most recent insider transaction that took place on Nov 19 ’24, was worth 101,748. In this transaction President of this company bought 58,476 shares at a rate of $1.74, taking the stock ownership to the 1,503,848 shares. Before that another transaction happened on Nov 19 ’24, when Company’s CEO bought 57,467 for $1.75, making the entire transaction worth $100,567. This insider now owns 1,595,883 shares in total.
GrowGeneration Corp (GRWG) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.14 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.12) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to -28.61% drop over the previous five years of trading.
GrowGeneration Corp (NASDAQ: GRWG) Trading Performance Indicators
Check out the current performance indicators for GrowGeneration Corp (GRWG). In the past quarter, the stock posted a quick ratio of 3.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.88, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.30 in one year’s time.
Technical Analysis of GrowGeneration Corp (GRWG)
Let’s dig in a bit further. During the last 5-days, its volume was 0.59 million. That was inferior than the volume of 0.82 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.66%. Additionally, its Average True Range was 0.13.
During the past 100 days, GrowGeneration Corp’s (GRWG) raw stochastic average was set at 46.00%, which indicates a significant decrease from 86.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.28% in the past 14 days, which was higher than the 68.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0000, while its 200-day Moving Average is $2.2400. However, in the short run, GrowGeneration Corp’s stock first resistance to watch stands at $2.1800. Second resistance stands at $2.2900. The third major resistance level sits at $2.4100. If the price goes on to break the first support level at $1.9500, it is likely to go to the next support level at $1.8300. The third support level lies at $1.7200 if the price breaches the second support level.
GrowGeneration Corp (NASDAQ: GRWG) Key Stats
There are currently 59,245K shares outstanding in the company with a market cap of 122.59 million. Presently, the company’s annual sales total 225,880 K according to its annual income of -46,500 K. Last quarter, the company’s sales amounted to 50,010 K and its income totaled -11,440 K.
