Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, GrowGeneration Corp (NASDAQ: GRWG) closed at $1.01 down -9.82% from its previous closing price of $1.12. In other words, the price has decreased by -$9.82 from its previous closing price. On the day, 1.28 million shares were traded.
Ratios:
For a deeper understanding of GrowGeneration Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.04 and its Current Ratio is at 5.00. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.22.
On May 10, 2023, Craig Hallum Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $4.25 to $4.75.
Alliance Global Partners Downgraded its Buy to Neutral on August 05, 2022, whereas the target price for the stock was revised from $7 to $4.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 19 ’24 when Salaman Michael bought 58,476 shares for $1.74 per share. The transaction valued at 101,748 led to the insider holds 1,503,848 shares of the business.
Lampert Darren bought 57,467 shares of GRWG for $100,567 on Nov 19 ’24. The CEO now owns 1,595,883 shares after completing the transaction at $1.75 per share. On Aug 27 ’24, another insider, ADAMS EULA L, who serves as the Director of the company, bought 25,000 shares for $2.02 each. As a result, the insider paid 50,500 and bolstered with 25,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.42.
Stock Price History:
Over the past 52 weeks, GRWG has reached a high of $3.38, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -28.87%, while the 200-Day Moving Average is calculated to be -47.92%.
Shares Statistics:
A total of 59.24M shares are outstanding, with a floating share count of 54.11M. Insiders hold about 8.67% of the company’s shares, while institutions hold 41.33% stake in the company.
