GrowGeneration Corp (NASDAQ: GRWG) on Friday, plunged -3.60% from the previous trading day, before settling in for the closing price of $1.39. Within the past 52 weeks, GRWG’s price has moved between $1.35 and $3.38.
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
Annual sales at Consumer Cyclical sector company grew by 52.01% over the past five years. The company achieved an average annual earnings per share of 20.72%. 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 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 41.33%. 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 20.72% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.31% 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 0.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.88, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.33 in one year’s time.
Technical Analysis of GrowGeneration Corp (GRWG)
GrowGeneration Corp (NASDAQ: GRWG) saw its 5-day average volume 0.88 million, a positive change from its year-to-date volume of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 23.20%. Additionally, its Average True Range was 0.08.
During the past 100 days, GrowGeneration Corp’s (GRWG) raw stochastic average was set at 9.00%, which indicates a significant decrease from 27.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.85% in the past 14 days, which was higher than the 58.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5598, while its 200-day Moving Average is $2.0367. Nevertheless, the first resistance level for the watch stands at $1.4200 in the near term. At $1.5000, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.5850. If the price goes on to break the first support level at $1.2550, it is likely to go to the next support level at $1.1700. Assuming the price breaks the second support level, the third support level stands at $1.0900.
GrowGeneration Corp (NASDAQ: GRWG) Key Stats
Market capitalization of the company is 79.39 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.
