Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
In the latest session, GrowGeneration Corp (NASDAQ: GRWG) closed at $1.38 down -2.82% from its previous closing price of $1.42. In other words, the price has decreased by -$2.82 from its previous closing price. On the day, 0.55 million shares were traded. GRWG stock price reached its highest trading level at $1.43 during the session, while it also had its lowest trading level at $1.37.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRWG now has a Market Capitalization of 81757408 and an Enterprise Value of 65677436. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 0.327 whereas that against EBITDA is -2.985.
Stock Price History:
The Beta on a monthly basis for GRWG is 3.07, which has changed by -0.40585774 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, GRWG has reached a high of $3.38, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is -19.20%, while the 200-Day Moving Average is calculated to be -34.66%.
Shares Statistics:
For the past three months, GRWG has traded an average of 696.66K shares per day and 613070 over the past ten days. 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 40.91% stake in the company. Shares short for GRWG as of 1736899200 were 3600310 with a Short Ratio of 5.17, compared to 1734048000 on 3505013. Therefore, it implies a Short% of Shares Outstanding of 3600310 and a Short% of Float of 6.510000000000001.
