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The closing price of Grindr Inc (NYSE: GRND) was $17.87 for the day, down -1.65% from the previous closing price of $18.17. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 1.56 million shares were traded. GRND stock price reached its highest trading level at $18.32 during the session, while it also had its lowest trading level at $17.73.
Ratios:
Our analysis of GRND’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 62.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.67 and its Current Ratio is at 1.67.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 14 ’25 when Richardson Nathan sold 1,000 shares for $16.34 per share. The transaction valued at 16,340 led to the insider holds 17,642 shares of the business.
Katz Zachary sold 3,058 shares of GRND for $49,617 on Mar 11 ’25. The GC and Head of Global Affairs now owns 613,800 shares after completing the transaction at $16.23 per share. On Mar 03 ’25, another insider, Balance Austin J, who serves as the Chief Product Officer of the company, sold 26,305 shares for $18.68 each. As a result, the insider received 491,377 and left with 640,645 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 3783829760 and an Enterprise Value of 3956124160. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.80. Its current Enterprise Value per Revenue stands at 11.479 whereas that against EBITDA is 36.936.
Stock Price History:
The Beta on a monthly basis for GRND is 0.31, which has changed by 0.86168027 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, GRND has reached a high of $19.20, while it has fallen to a 52-week low of $8.95. The 50-Day Moving Average of the stock is 1.70%, while the 200-Day Moving Average is calculated to be 25.74%.
Shares Statistics:
GRND traded an average of 1.59M shares per day over the past three months and 2041520 shares per day over the past ten days. A total of 177.19M shares are outstanding, with a floating share count of 44.68M. Insiders hold about 78.54% of the company’s shares, while institutions hold 14.39% stake in the company. Shares short for GRND as of 1741910400 were 3995605 with a Short Ratio of 2.51, compared to 1739491200 on 12192524. Therefore, it implies a Short% of Shares Outstanding of 3995605 and a Short% of Float of 4.1500002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
