For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
GRI Bio Inc (NASDAQ: GRI) closed the day trading at $0.2 up 2.60% from the previous closing price of $0.2. In other words, the price has increased by $2.60 from its previous closing price. On the day, 1.79 million shares were traded. GRI stock price reached its highest trading level at $0.2163 during the session, while it also had its lowest trading level at $0.1955.
Ratios:
For a better understanding of GRI, let’s look at its different ratios. 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 3022807 and an Enterprise Value of 14452843.
Stock Price History:
The Beta on a monthly basis for GRI is -1.39, which has changed by -0.9814402 over the last 52 weeks, in comparison to a change of 0.15024745 over the same period for the S&P500. Over the past 52 weeks, GRI has reached a high of $11.90, while it has fallen to a 52-week low of $0.18. The 50-Day Moving Average of the stock is -78.74%, while the 200-Day Moving Average is calculated to be -86.22%.
Shares Statistics:
Over the past 3-months, GRI traded about 2.27M shares per day on average, while over the past 10 days, GRI traded about 80519 shares per day. A total of 13.94M shares are outstanding, with a floating share count of 10.34M. Insiders hold about 25.82% of the company’s shares, while institutions hold 0.96% stake in the company. Shares short for GRI as of 1767139200 were 95933 with a Short Ratio of 1.18, compared to 1764288000 on 5083. Therefore, it implies a Short% of Shares Outstanding of 95933 and a Short% of Float of 26.540002.
