Closing Strong: Grindr Inc (GRND) Ends at 22.07, Up 0.82% from Last Close

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After finishing at $21.89 in the prior trading day, Grindr Inc (NYSE: GRND) closed at $22.07, up 0.82%. In other words, the price has increased by $0.82% from its previous closing price. On the day, 2.35 million shares were traded. GRND stock price reached its highest trading level at $22.22 during the session, while it also had its lowest trading level at $21.65.

Ratios:

Our goal is to gain a better understanding of GRND 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 16.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.31. For the most recent quarter (mrq), Quick Ratio is recorded 4.17 and its Current Ratio is at 4.17. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.85.

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, Goldman on December 16, 2024, initiated with a Buy rating and assigned the stock a target price of $20.

On June 27, 2024, Raymond James reiterated its Outperform rating and also lowered its target price recommendation from $14 to $15.

JMP Securities reiterated its Mkt Outperform rating for the stock on June 27, 2024, while the target price for the stock was revised from $14 to $17.

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 Jun 16 ’25 when Richardson Nathan sold 1,000 shares for $23.45 per share. The transaction valued at 23,450 led to the insider holds 15,126 shares of the business.

Mehta-Krantz Vandana sold 56,611 shares of GRND for $1,328,660 on Jun 16 ’25. The Chief Financial Officer now owns 752,594 shares after completing the transaction at $23.47 per share. On Jun 16 ’25, another insider, Katz Zachary, who serves as the GC and Head of Global Affairs of the company, sold 14,692 shares for $23.47 each. As a result, the insider received 344,821 and left with 624,497 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRND now has a Market Capitalization of 4330045440 and an Enterprise Value of 4357583360. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.92 while its Price-to-Book (P/B) ratio in mrq is 13.82. Its current Enterprise Value per Revenue stands at 11.997 whereas that against EBITDA is 38.679.

Stock Price History:

The Beta on a monthly basis for GRND is 0.31, which has changed by 0.86717427 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, GRND has reached a high of $25.13, while it has fallen to a 52-week low of $9.48. The 50-Day Moving Average of the stock is -2.33%, while the 200-Day Moving Average is calculated to be 27.06%.

Shares Statistics:

The stock has traded on average 1.87M shares per day over the past 3-months and 1710800 shares per day over the last 10 days, according to various share statistics. A total of 200.24M shares are outstanding, with a floating share count of 41.71M. Insiders hold about 78.74% of the company’s shares, while institutions hold 17.38% stake in the company. Shares short for GRND as of 1748563200 were 5996401 with a Short Ratio of 3.21, compared to 1745971200 on 6717856. Therefore, it implies a Short% of Shares Outstanding of 5996401 and a Short% of Float of 10.520000999999999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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