GrowGeneration Corp (NASDAQ: GRWG) on Monday, plunged -4.40% from the previous trading day, before settling in for the closing price of $1.82. Within the past 52 weeks, GRWG’s price has moved between $1.49 and $3.38.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 52.01%. The company achieved an average annual earnings per share of 20.43%. With a float of $54.11 million, this company’s outstanding shares have now reached $59.24 million.
The extent of productivity of a business whose workforce counts for 400 workers is very important to gauge. 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 Updates
Observing investor behavior towards Specialty Retail industry stocks is more important than anything else. The insider ownership of GrowGeneration Corp is 8.67%, while institutional ownership is 40.92%. 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) Performance Highlights and Predictions
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
GrowGeneration Corp (GRWG) is currently performing well based on its current performance indicators. A quick ratio of 3.04 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 0.51.
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)
The latest stats from [GrowGeneration Corp, GRWG] show that its last 5-days average volume of 0.96 million was superior to 0.69 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 75.08%. Additionally, its Average True Range was 0.11.
During the past 100 days, GrowGeneration Corp’s (GRWG) raw stochastic average was set at 29.82%, which indicates a significant decrease from 65.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.66% in the past 14 days, which was lower than the 61.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8561, while its 200-day Moving Average is $2.2004. Now, the first resistance to watch is $1.8300. This is followed by the second major resistance level at $1.9200. The third major resistance level sits at $1.9700. If the price goes on to break the first support level at $1.6900, it is likely to go to the next support level at $1.6400. Assuming the price breaks the second support level, the third support level stands at $1.5500.
GrowGeneration Corp (NASDAQ: GRWG) Key Stats
Market capitalization of the company is 103.09 million based on 59,245K outstanding shares. Right now, sales total 225,880 K and income totals -46,500 K. The company made 50,010 K in profit during its latest quarter, and -11,440 K in sales during its previous quarter.
