With 0.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.66 million shares. The 52-week range on GRWG shows that it touched its highest point at $3.14 and its lowest point at $0.82 during that stretch. It currently has a 1-year price target of $2.62. Beta for the stock currently stands at 3.49.
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 GRWG was up-trending over the past week, with a rise of 7.89%, but this was up by 39.71% over a month. Three-month performance dropped to -21.15% while six-month performance fell -44.09%. The stock lost -55.76% in the past year, while it has lost -27.22% so far this year. A look at the trailing 12-month EPS for GRWG yields -0.83 with Next year EPS estimates of -0.41. For the next quarter, that number is -0.08. This implies an EPS growth rate of 53.85% for this year and -8.99% for next year.
Float and Shares Shorts:
At present, 59.40 million GRWG shares are outstanding with a float of 54.16 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 GRWG since 6 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 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 -$0.59211 being high and -$0.61289 being low. For GRWG, this leads to a yearly average estimate of -$0.6025.
