With 3.46 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.33 million shares. The 52-week range on GRND shows that it touched its highest point at $19.20 and its lowest point at $8.95 during that stretch. It currently has a 1-year price target of $21.50. Beta for the stock currently stands at 0.38.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GRND was down-trending over the past week, with a drop of -18.06%, but this was down by -15.75% over a month. Three-month performance dropped to -1.04% while six-month performance rose 28.50%. The stock gained 84.73% in the past year, while it has lost -14.57% so far this year. A look at the trailing 12-month EPS for GRND yields -0.74 with Next year EPS estimates of 0.56. For the next quarter, that number is 0.08. This implies an EPS growth rate of 151.35% for this year and 46.49% for next year.
Float and Shares Shorts:
At present, 177.19 million GRND shares are outstanding with a float of 13.07 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GRND since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.05039932 being high and $0.04937618 being low. For GRND, this leads to a yearly average estimate of $0.05. Based on analyst estimates, the high estimate for the next quarter is $0.09 and the low estimate is $0.09. The average estimate for the next quarter is thus $0.09.
