The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
GrowGeneration Corp (NASDAQ: GRWG) closed the day trading at $1.22 down -6.87% from the previous closing price of $1.31. In other words, the price has decreased by -$6.87 from its previous closing price. On the day, 0.84 million shares were traded.
Ratios:
For a better understanding of GRWG, let’s look at its different 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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.50.
Stock Price History:
Over the past 52 weeks, GRWG has reached a high of $3.38, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is -20.48%, while the 200-Day Moving Average is calculated to be -39.65%.
Shares Statistics:
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 41.33% stake in the company.
