On Tuesday, GrowGeneration Corp (NASDAQ: GRWG) was -5.26% drop from the session before settling in for the closing price of $1.52. A 52-week range for GRWG has been $1.35 – $3.38.
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Annual sales at Consumer Cyclical sector company grew by 52.01% over the past five years. When this article was written, the company’s average yearly earnings per share was at 21.25%. With a float of $54.11 million, this company’s outstanding shares have now reached $59.24 million.
Let’s look at the performance matrix of the company that is accounted for 400 employees. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward GrowGeneration Corp stocks. The insider ownership of GrowGeneration Corp is 8.67%, while institutional ownership is 41.24%. 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 21.25% per share during the next fiscal year.
GrowGeneration Corp (NASDAQ: GRWG) Trading Performance Indicators
You can see what GrowGeneration Corp (GRWG) is doing with its current performance indicators. In the most recent 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 0.42.
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 -0.31 in one year’s time.
Technical Analysis of GrowGeneration Corp (GRWG)
GrowGeneration Corp (NASDAQ: GRWG) saw its 5-day average volume 0.92 million, a positive change from its year-to-date volume of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 52.20%. Additionally, its Average True Range was 0.09.
During the past 100 days, GrowGeneration Corp’s (GRWG) raw stochastic average was set at 9.78%, which indicates a significant decrease from 39.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.62% in the past 14 days, which was higher than the 59.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6392, while its 200-day Moving Average is $2.0749. Nevertheless, the first resistance level for the watch stands at $1.4933 in the near term. At $1.5467, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.5833. If the price goes on to break the first support level at $1.4033, it is likely to go to the next support level at $1.3667. The third support level lies at $1.3133 if the price breaches the second support level.
GrowGeneration Corp (NASDAQ: GRWG) Key Stats
There are 59,245K outstanding shares of the company, which has a market capitalization of 85.31 million. As of now, sales total 225,880 K while income totals -46,500 K. Its latest quarter income was 50,010 K while its last quarter net income were -11,440 K.
