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After finishing at $5.14 in the prior trading day, Grab Holdings Limited (NASDAQ: GRAB) closed at $5.15, up 0.19%. In other words, the price has increased by $0.19 from its previous closing price. On the day, 19.98 million shares were traded. GRAB stock price reached its highest trading level at $5.31 during the session, while it also had its lowest trading level at $5.14.
Ratios:
Our goal is to gain a better understanding of GRAB 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 3.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.67. For the most recent quarter (mrq), Quick Ratio is recorded 2.67 and its Current Ratio is at 2.70. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
On November 21, 2024, China Renaissance Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $5.40.
On October 23, 2024, Daiwa Securities started tracking the stock assigning a Outperform rating and target price of $4.60.Daiwa Securities initiated its Outperform rating on October 23, 2024, with a $4.60 target price.
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 ANTHONY PING YEOW TAN bought 1,000,000 shares for $4.99 per share.
SUTHEN THOMAS PARADATHETH8 SIN bought 400,000 shares of GRAB for $1,913,120 on Nov 14 ’24. On Nov 14 ’24, another insider, ONG CHIN YIN, who serves as the Officer of the company, bought 80,000 shares for $4.80 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRAB now has a Market Capitalization of 20739051520 and an Enterprise Value of 15273780224. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.59 while its Price-to-Book (P/B) ratio in mrq is 3.26. Its current Enterprise Value per Revenue stands at 5.686 whereas that against EBITDA is -218.197.
Stock Price History:
Over the past 52 weeks, GRAB has reached a high of $5.72, while it has fallen to a 52-week low of $2.90. The 50-Day Moving Average of the stock is 23.86%, while the 200-Day Moving Average is calculated to be 43.76%.
Shares Statistics:
The stock has traded on average 34.01M shares per day over the past 3-months and 72650380 shares per day over the last 10 days, according to various share statistics. A total of 3.81B shares are outstanding, with a floating share count of 2.37B. Insiders hold about 40.06% of the company’s shares, while institutions hold 41.71% stake in the company. Shares short for GRAB as of 1730332800 were 57943001 with a Short Ratio of 1.70, compared to 1727654400 on 69790868. Therefore, it implies a Short% of Shares Outstanding of 57943001 and a Short% of Float of 2.1.