Grindr Inc (NYSE: GRND) on Tuesday, soared 5.84% from the previous trading day, before settling in for the closing price of $17.98. Within the past 52 weeks, GRND’s price has moved between $7.93 and $18.70.
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 Technology sector company grew by 22.30% over the past five years. The company achieved an average annual earnings per share of 114.58%. With a float of $27.48 million, this company’s outstanding shares have now reached $176.19 million.
Let’s look at the performance matrix of the company that is accounted for 112 employees. 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 Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Grindr Inc is 84.44%, while institutional ownership is 17.49%. The most recent insider transaction that took place on Feb 14 ’25, was worth 18,580. In this transaction Director of this company sold 1,000 shares at a rate of $18.58, taking the stock ownership to the 18,642 shares. Before that another transaction happened on Feb 14 ’25, when Company’s Director proposed sale 3,000 for $18.62, making the entire transaction worth $55,860.
Grindr Inc (GRND) Performance Highlights and Predictions
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 114.58% per share during the next fiscal year.
Grindr Inc (NYSE: GRND) Trading Performance Indicators
Grindr Inc (GRND) is currently performing well based on its current performance indicators. A quick ratio of 1.40 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 10.53. Likewise, its price to free cash flow for the trailing twelve months is 42.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.30, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.43 in one year’s time.
Technical Analysis of Grindr Inc (GRND)
Grindr Inc (NYSE: GRND) saw its 5-day average volume 1.8 million, a positive change from its year-to-date volume of 1.23 million. As of the previous 9 days, the stock’s Stochastic %D was 42.87%. Additionally, its Average True Range was 0.54.
During the past 100 days, Grindr Inc’s (GRND) raw stochastic average was set at 98.04%, which indicates a significant increase from 89.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.41% in the past 14 days, which was lower than the 37.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.51, while its 200-day Moving Average is $13.38. Nevertheless, the first resistance level for the watch stands at $19.57 in the near term. At $20.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.03. If the price goes on to break the first support level at $18.11, it is likely to go to the next support level at $17.18. Assuming the price breaks the second support level, the third support level stands at $16.65.
Grindr Inc (NYSE: GRND) Key Stats
Market capitalization of the company is 3.36 billion based on 176,612K outstanding shares. Right now, sales total 259,690 K and income totals -55,770 K. The company made 89,330 K in profit during its latest quarter, and 24,680 K in sales during its previous quarter.
