A new trading day began on Friday, with Grindr Inc (NYSE: GRND) stock price up 3.08% from the previous day of trading, before settling in for the closing price of $17.55. GRND’s price has ranged from $8.95 to $19.20 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 24.90% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 151.35%. With a float of $44.76 million, this company’s outstanding shares have now reached $177.19 million.
In an organization with 147 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 72.16%, operating margin of 27.2%, and the pretax margin is -34.32%.
Grindr Inc (GRND) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Grindr Inc is 78.50%, while institutional ownership is 14.38%. The most recent insider transaction that took place on Mar 14 ’25, was worth 16,340. In this transaction Director of this company sold 1,000 shares at a rate of $16.34, taking the stock ownership to the 17,642 shares. Before that another transaction happened on Mar 11 ’25, when Company’s GC and Head of Global Affairs sold 3,058 for $16.23, making the entire transaction worth $49,617. This insider now owns 613,800 shares in total.
Grindr Inc (GRND) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 151.35% per share during the next fiscal year.
Grindr Inc (NYSE: GRND) Trading Performance Indicators
Here are Grindr Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.93. Likewise, its price to free cash flow for the trailing twelve months is 39.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.74, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.56 in one year’s time.
Technical Analysis of Grindr Inc (GRND)
Let’s dig in a bit further. During the last 5-days, its volume was 2.44 million. That was better than the volume of 1.71 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.96%. Additionally, its Average True Range was 0.92.
During the past 100 days, Grindr Inc’s (GRND) raw stochastic average was set at 78.61%, which indicates a significant increase from 71.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.81% in the past 14 days, which was lower than the 47.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.68, while its 200-day Moving Average is $14.70. However, in the short run, Grindr Inc’s stock first resistance to watch stands at $18.30. Second resistance stands at $18.52. The third major resistance level sits at $18.87. If the price goes on to break the first support level at $17.73, it is likely to go to the next support level at $17.38. The third support level lies at $17.16 if the price breaches the second support level.
Grindr Inc (NYSE: GRND) Key Stats
With a market capitalization of 3.77 billion, the company has a total of 208,246K Shares Outstanding. Currently, annual sales are 344,640 K while annual income is -131,000 K. The company’s previous quarter sales were 97,620 K while its latest quarter income was -123,850 K.
