Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $0.59 in the prior trading day, Grom Social Enterprises Inc (NASDAQ: GROM) closed at $0.56, down -4.76%. In other words, the price has decreased by -$4.76 from its previous closing price. On the day, 0.79 million shares were traded. GROM stock price reached its highest trading level at $0.7 during the session, while it also had its lowest trading level at $0.5513.
Ratios:
Our goal is to gain a better understanding of GROM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GROM now has a Market Capitalization of 4997826 and an Enterprise Value of 5012734. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 0.10. Its current Enterprise Value per Revenue stands at 1.24 whereas that against EBITDA is -0.617.
Stock Price History:
Over the past 52 weeks, GROM has reached a high of $11.76, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is -28.76%, while the 200-Day Moving Average is calculated to be -70.60%.
Shares Statistics:
The stock has traded on average 666.17K shares per day over the past 3-months and 77930 shares per day over the last 10 days, according to various share statistics. A total of 8.92M shares are outstanding, with a floating share count of 8.16M. Insiders hold about 8.53% of the company’s shares, while institutions hold 1.39% stake in the company. Shares short for GROM as of 1713139200 were 49629 with a Short Ratio of 0.07, compared to 1710460800 on 123939. Therefore, it implies a Short% of Shares Outstanding of 49629 and a Short% of Float of 0.5599999999999999.
