With 25.04 million shares changed hands, the volume of the stock remained lighter than its average volume of 39.92 million shares. The 52-week range on GRAB shows that it touched its highest point at $5.72 and its lowest point at $2.98 during that stretch. It currently has a 1-year price target of $5.81. Beta for the stock currently stands at 0.86.
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 GRAB was up-trending over the past week, with a rise of 2.10%, but this was up by 14.08% over a month. Three-month performance surged to 7.05% while six-month performance rose 17.96%. The stock gained 39.26% in the past year, while it has gained 2.97% so far this year. A look at the trailing 12-month EPS for GRAB yields 0.00 with Next year EPS estimates of 0.11. For the next quarter, that number is 0.01. This implies an EPS growth rate of 275.30% for this year and 113.94% for next year.
Float and Shares Shorts:
At present, 4.00 billion GRAB shares are outstanding with a float of 2.44 billion 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 GRAB since 7 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 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 -$0.02442957 being high and -$0.034905 being low. For GRAB, this leads to a yearly average estimate of -$0.029667285.
