Closing Strong: Grab Holdings Limited (GRAB) Ends at 3.61, Down -0.55 from Last Close

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After finishing at $3.63 in the prior trading day, Grab Holdings Limited (NASDAQ: GRAB) closed at $3.61, down -0.55%. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 31.66 million shares were traded. GRAB stock price reached its highest trading level at $3.64 during the session, while it also had its lowest trading level at $3.58.

Ratios:

Our goal is to gain a better understanding of GRAB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.13. For the most recent quarter (mrq), Quick Ratio is recorded 2.97 and its Current Ratio is at 3.00. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.

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, Mizuho on June 27, 2024, initiated with a Outperform rating and assigned the stock a target price of $5.

JP Morgan Upgraded its Neutral to Overweight on January 18, 2024, whereas the target price for the stock was revised from $3.60 to $3.80.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 15 ’24 when Peter Henry Oey bought 90,000 shares for $3.64 per share.

SUTHEN THOMAS PARADATHETH bought 30,541 shares of GRAB for $113,002 on Oct 09 ’24. On Oct 08 ’24, another insider, ANTHONY TAN PING YEOW, who serves as the Officer of the company, bought 50,000 shares for $3.69 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRAB now has a Market Capitalization of 14299209728 and an Enterprise Value of 9749707776. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.53 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 3.773 whereas that against EBITDA is -77.379.

Stock Price History:

Over the past 52 weeks, GRAB has reached a high of $3.88, while it has fallen to a 52-week low of $2.90. The 50-Day Moving Average of the stock is 4.41%, while the 200-Day Moving Average is calculated to be 6.36%.

Shares Statistics:

The stock has traded on average 24.16M shares per day over the past 3-months and 26240510 shares per day over the last 10 days, according to various share statistics. A total of 3.81B shares are outstanding, with a floating share count of 2.30B. Insiders hold about 41.98% of the company’s shares, while institutions hold 41.57% stake in the company. Shares short for GRAB as of 1727654400 were 69790868 with a Short Ratio of 2.89, compared to 1724976000 on 67191261. Therefore, it implies a Short% of Shares Outstanding of 69790868 and a Short% of Float of 2.53.

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