On Monday, Granite Ridge Resources Inc (NYSE: GRNT) opened lower -4.98% from the last session, before settling in for the closing price of $5.42. Price fluctuations for GRNT have ranged from $4.52 to $7.00 over the past 52 weeks.
Annual sales at Energy sector company grew by 28.64% over the past five years. Company’s average yearly earnings per share was noted -7.60% at the time writing. With a float of $63.63 million, this company’s outstanding shares have now reached $131.25 million.
Granite Ridge Resources Inc (GRNT) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Granite Ridge Resources Inc is 51.52%, while institutional ownership is 32.08%. The most recent insider transaction that took place on Dec 05 ’25, was worth 21,640. In this transaction Director of this company bought 4,000 shares at a rate of $5.41, taking the stock ownership to the 108,117 shares. Before that another transaction happened on Dec 04 ’25, when Company’s Director bought 9,388 for $5.33, making the entire transaction worth $50,038. This insider now owns 1,297,518 shares in total.
Granite Ridge Resources Inc (GRNT) Latest Financial update
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.17 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.14) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.80% during the next five years compared to 28.64% growth over the previous five years of trading.
Granite Ridge Resources Inc (NYSE: GRNT) Trading Performance Indicators
Check out the current performance indicators for Granite Ridge Resources Inc (GRNT). In the past quarter, the stock posted a quick ratio of 1.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of Granite Ridge Resources Inc (GRNT)
Granite Ridge Resources Inc (NYSE: GRNT) saw its 5-day average volume 0.56 million, a positive change from its year-to-date volume of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 73.11%.
During the past 100 days, Granite Ridge Resources Inc’s (GRNT) raw stochastic average was set at 33.91%, which indicates a significant decrease from 41.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.17 in the past 14 days, which was higher than the 0.17 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.27, while its 200-day Moving Average is $5.48. Nevertheless, the first resistance level for the watch stands at $5.37 in the near term. At $5.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.70. If the price goes on to break the first support level at $5.04, it is likely to go to the next support level at $4.92. The third support level lies at $4.71 if the price breaches the second support level.
Granite Ridge Resources Inc (NYSE: GRNT) Key Stats
There are currently 131,251K shares outstanding in the company with a market cap of 675.94 million. Presently, the company’s annual sales total 380,030 K according to its annual income of 18,760 K. Last quarter, the company’s sales amounted to 112,670 K and its income totaled 14,520 K.
