Grindr Inc (NYSE: GRND) kicked off on Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $17.72. Over the past 52 weeks, GRND has traded in a range of $7.93-$17.77.
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Technology Sector giant saw their annual sales surged by 22.30% over the last five years. While this was happening, its average annual earnings per share was recorded 113.54%. With a float of $26.11 million, this company’s outstanding shares have now reached $176.19 million.
The firm has a total of 112 workers. Let’s measure their productivity. In terms of profitability, gross margin is 70.11%, operating margin of 28.11%, and the pretax margin is -11.71%.
Grindr Inc (GRND) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Grindr Inc is 85.22%, while institutional ownership is 12.23%. The most recent insider transaction that took place on Dec 17 ’24, was worth 5,562,759. In this transaction Chief Product Officer of this company sold 332,105 shares at a rate of $16.75, taking the stock ownership to the 557,414 shares. Before that another transaction happened on Dec 16 ’24, when Company’s Director sold 1,000 for $16.00, making the entire transaction worth $16,000. This insider now owns 20,642 shares in total.
Grindr Inc (GRND) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 113.54% per share during the next fiscal year.
Grindr Inc (NYSE: GRND) Trading Performance Indicators
Take a look at Grindr Inc’s (GRND) current performance indicators. Last quarter, stock had a quick ratio of 1.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.81. Likewise, its price to free cash flow for the trailing twelve months is 39.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.30, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.44 in one year’s time.
Technical Analysis of Grindr Inc (GRND)
Analysing the last 5-days average volume posted by the [Grindr Inc, GRND], we can find that recorded value of 1.13 million was better than the volume posted last year of 0.56 million. As of the previous 9 days, the stock’s Stochastic %D was 91.76%. Additionally, its Average True Range was 0.63.
During the past 100 days, Grindr Inc’s (GRND) raw stochastic average was set at 98.03%, which indicates a significant increase from 94.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.66% in the past 14 days, which was higher than the 37.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.75, while its 200-day Moving Average is $11.90. Now, the first resistance to watch is $17.86. This is followed by the second major resistance level at $18.01. The third major resistance level sits at $18.14. If the price goes on to break the first support level at $17.58, it is likely to go to the next support level at $17.45. Should the price break the second support level, the third support level stands at $17.30.
Grindr Inc (NYSE: GRND) Key Stats
The company with the Market Capitalisation of 3.13 billion has total of 176,612K Shares Outstanding. Its annual sales at the moment are 259,690 K in contrast with the sum of -55,770 K annual income. Company’s last quarter sales were recorded 89,330 K and last quarter income was 24,680 K.
