A new trading day began on Friday, with GrowGeneration Corp (NASDAQ: GRWG) stock price down -3.75% from the previous day of trading, before settling in for the closing price of $1.60. GRWG’s price has ranged from $1.55 to $3.38 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Consumer Cyclical sector has jumped its sales by 76.60% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 20.43%. With a float of $54.11 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Retail Industry. The insider ownership of GrowGeneration Corp is 8.67%, while institutional ownership is 40.90%. 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
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 20.43% 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
Here are GrowGeneration Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.88, a number that is poised to hit -0.17 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 0.76 million. That was inferior than the volume of 0.8 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.29%. Additionally, its Average True Range was 0.10.
During the past 100 days, GrowGeneration Corp’s (GRWG) raw stochastic average was set at 1.25%, which indicates a significant decrease from 2.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.74% in the past 14 days, which was lower than the 62.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8929, while its 200-day Moving Average is $2.2066. However, in the short run, GrowGeneration Corp’s stock first resistance to watch stands at $1.5933. Second resistance stands at $1.6467. The third major resistance level sits at $1.6783. If the price goes on to break the first support level at $1.5083, it is likely to go to the next support level at $1.4767. The third support level lies at $1.4233 if the price breaches the second support level.
GrowGeneration Corp (NASDAQ: GRWG) Key Stats
With a market capitalization of 87.82 million, the company has a total of 59,245K Shares Outstanding. Currently, annual sales are 225,880 K while annual income is -46,500 K. The company’s previous quarter sales were 50,010 K while its latest quarter income was -11,440 K.
