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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.99 million shares were traded. GRWG stock price reached its highest trading level at $2.215 during the session, while it also had its lowest trading level at $2.07.
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 2.67 and its Current Ratio is at 4.77. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.20.
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 15 ’23 when Salaman Michael bought 302,766 shares for $2.35 per share. The transaction valued at 710,138 led to the insider holds 1,240,075 shares of the business.
Lampert Darren bought 21,000 shares of GRWG for $49,638 on Nov 15 ’23. The CEO now owns 1,333,120 shares after completing the transaction at $2.36 per share. On Nov 14 ’23, another insider, Lampert Darren, who serves as the CEO of the company, bought 175,000 shares for $2.11 each. As a result, the insider paid 368,830 and bolstered with 1,312,120 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 129773648 and an Enterprise Value of 107273544. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 0.475 whereas that against EBITDA is -6.103.
Stock Price History:
Over the past 52 weeks, GRWG has reached a high of $5.00, while it has fallen to a 52-week low of $1.77. The 50-Day Moving Average of the stock is -8.64%, while the 200-Day Moving Average is calculated to be -20.98%.
Shares Statistics:
For the past three months, GRWG has traded an average of 1.16M shares per day and 1140670 over the past ten days. A total of 61.48M shares are outstanding, with a floating share count of 57.15M. Insiders hold about 7.08% of the company’s shares, while institutions hold 36.23% stake in the company. Shares short for GRWG as of 1711584000 were 4357543 with a Short Ratio of 3.74, compared to 1709164800 on 3403051. Therefore, it implies a Short% of Shares Outstanding of 4357543 and a Short% of Float of 7.359999999999999.
Earnings Estimates
GrowGeneration Corp (GRWG) is currently under the scrutiny of GrowGeneration Corp. analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.00, with high estimates of $0.00 and low estimates of $0.00.
