GrowGeneration Corp (NASDAQ: GRWG) on Friday, soared 7.91% from the previous trading day, before settling in for the closing price of $0.97. Within the past 52 weeks, GRWG’s price has moved between $0.96 and $3.38.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 52.01%. The company achieved an average annual earnings per share of 53.66%. With a float of $54.11 million, this company’s outstanding shares have now reached $59.24 million.
Considering the fact that the conglomerate employs 400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 21.17%, operating margin of -26.56%, and the pretax margin is -26.2%.
GrowGeneration Corp (GRWG) Insider Activity
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) Earnings and Forecasts
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 53.66% per share during the next fiscal year.
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 0.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.88, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.41 in one year’s time.
Technical Analysis of GrowGeneration Corp (GRWG)
Compared to the last year’s volume of 0.69 million, its volume of 1.03 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 28.62%. Additionally, its Average True Range was 0.09.
During the past 100 days, GrowGeneration Corp’s (GRWG) raw stochastic average was set at 10.45%, which indicates a significant decrease from 35.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.76% in the past 14 days, which was higher than the 63.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3867, while its 200-day Moving Average is $1.9173. Nevertheless, the first resistance level for the watch stands at $1.1433 in the near term. At $1.2367, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3533. If the price goes on to break the first support level at $0.9333, it is likely to go to the next support level at $0.8167. Should the price break the second support level, the third support level stands at $0.7233.
GrowGeneration Corp (NASDAQ: GRWG) Key Stats
Market capitalization of the company is 62.43 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.
