As of close of business last night, Grom Social Enterprises Inc.’s stock clocked out at $1.72, up 6.17% from its previous closing price of $1.62. In other words, the price has increased by $+0.1000 from its previous closing price. On the day, 5823318 shares were traded. GROM stock price reached its highest trading level at $1.8900 during the session, while it also had its lowest trading level at $1.3954.
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Ratios:
To gain a deeper understanding of GROM’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 0.06.
Stock Price History:
Over the past 52 weeks, GROM has reached a high of $65.40, while it has fallen to a 52-week low of $1.11. The 50-Day Moving Average of the stock is 3.1332, while the 200-Day Moving Average is calculated to be 11.8664.
Shares Statistics:
It appears that GROM traded 1.01M shares on average per day over the past three months and 2.82M shares per day over the past ten days. A total of 2.18M shares are outstanding, with a floating share count of 1.95M. Insiders hold about 10.40% of the company’s shares, while institutions hold 2.40% stake in the company. Shares short for GROM as of Oct 13, 2022 were 297.74k with a Short Ratio of 0.41M, compared to 417.85k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.32% and a Short% of Float of 1.53%.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.56 and -$0.56 for the fiscal current year, implying an average EPS of -$0.56. EPS for the following year is -$0.27, with 1 analysts recommending between -$0.27 and -$0.27.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for GROM’s current fiscal year. The highest revenue estimate was $6.68M, while the lowest revenue estimate was $6.68M, resulting in an average revenue estimate of $6.68M. In the same quarter a year ago, actual revenue was $6.3M, up 6.10% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $8.16M in the next fiscal year. The high estimate is $8.16M and the low estimate is $8.16M. The average revenue growth estimate for next year is up 22.20% from the average revenue estimate for this year.
