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After finishing at $23.45 in the prior trading day, Grindr Inc (NYSE: GRND) closed at $23.03, down -1.79%. In other words, the price has decreased by -$1.79 from its previous closing price. On the day, 1.85 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GRND 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 17.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.16. For the most recent quarter (mrq), Quick Ratio is recorded 4.17 and its Current Ratio is at 4.17. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.85.
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:
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 Jun 02 ’25 when GEARON J MICHAEL JR sold 249,700 shares for $24.44 per share. The transaction valued at 6,102,668 led to the insider holds 6,090,959 shares of the business.
GEARON J MICHAEL JR sold 250,300 shares of GRND for $6,089,799 on May 30 ’25. The Director now owns 6,340,659 shares after completing the transaction at $24.33 per share. On Jun 03 ’25, another insider, J MICHAEL GEARON JR REV TRUST, who serves as the Director of the company, bought 19,432 shares for $24.74 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 12.42 while its Price-to-Book (P/B) ratio in mrq is 14.42.
Stock Price History:
Over the past 52 weeks, GRND has reached a high of $25.13, while it has fallen to a 52-week low of $8.95. The 50-Day Moving Average of the stock is 8.31%, while the 200-Day Moving Average is calculated to be 38.20%.
Shares Statistics:
A total of 200.24M shares are outstanding, with a floating share count of 40.93M. Insiders hold about 79.11% of the company’s shares, while institutions hold 17.38% stake in the company.
