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The closing price of GRI Bio Inc (NASDAQ: GRI) was $1.39 for the day, up 2.96% from the previous closing price of $1.35. In other words, the price has increased by $2.96 from its previous closing price. On the day, 0.92 million shares were traded. GRI stock price reached its highest trading level at $1.48 during the session, while it also had its lowest trading level at $1.34.
Ratios:
Our analysis of GRI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In the most recent recommendation for this company, H.C. Wainwright on December 09, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRI now has a Market Capitalization of 4543530 and an Enterprise Value of 441781.
Stock Price History:
The Beta on a monthly basis for GRI is -1.45, which has changed by -0.91770804 over the last 52 weeks, in comparison to a change of 0.12529528 over the same period for the S&P500. Over the past 52 weeks, GRI has reached a high of $16.92, while it has fallen to a 52-week low of $1.10. The 50-Day Moving Average of the stock is -26.24%, while the 200-Day Moving Average is calculated to be -38.93%.
Shares Statistics:
GRI traded an average of 1.23M shares per day over the past three months and 379350 shares per day over the past ten days. A total of 3.27M shares are outstanding, with a floating share count of 3.27M. Insiders hold about 0.01% of the company’s shares, while institutions hold 4.11% stake in the company. Shares short for GRI as of 1763078400 were 119760 with a Short Ratio of 0.10, compared to 1760486400 on 247643. Therefore, it implies a Short% of Shares Outstanding of 119760 and a Short% of Float of 3.66.
