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After finishing at $2.05 in the prior trading day, GRI Bio Inc (NASDAQ: GRI) closed at $1.28, down -37.56%. In other words, the price has decreased by -$37.56 from its previous closing price. On the day, 2.09 million shares were traded. GRI stock price reached its highest trading level at $1.527 during the session, while it also had its lowest trading level at $1.259.
Ratios:
Our goal is to gain a better understanding of GRI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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 3195904 and an Enterprise Value of -431914.
Stock Price History:
The Beta on a monthly basis for GRI is -1.52, which has changed by -0.86030775 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, GRI has reached a high of $30.43, while it has fallen to a 52-week low of $1.10. The 50-Day Moving Average of the stock is -16.59%, while the 200-Day Moving Average is calculated to be -81.77%.
Shares Statistics:
The stock has traded on average 244.13K shares per day over the past 3-months and 355870 shares per day over the last 10 days, according to various share statistics. A total of 2.50M shares are outstanding, with a floating share count of 2.50M. Insiders hold about 0.05% of the company’s shares, while institutions hold 0.19% stake in the company. Shares short for GRI as of 1752537600 were 128877 with a Short Ratio of 0.53, compared to 1749772800 on 60577. Therefore, it implies a Short% of Shares Outstanding of 128877 and a Short% of Float of 5.1599998000000005.
