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In other words, the price has increased by $0.00 from its previous closing price. On the day, 2.04 million shares were traded. GO stock price reached its highest trading level at $16.91 during the session, while it also had its lowest trading level at $16.465.
Ratios:
We take a closer look at GO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 213.61. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 1.19.
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, Loop Capital on October 17, 2024, initiated with a Hold rating and assigned the stock a target price of $17.
On August 07, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $31 to $27.
Craig Hallum Downgraded its Buy to Hold on July 31, 2024, while the target price for the stock was maintained at $20.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 19 ’24 when Lindberg Eric J. Jr. sold 200,095 shares for $16.29 per share. The transaction valued at 3,259,548 led to the insider holds 70,938 shares of the business.
Lindberg Eric J. Jr. bought 200,095 shares of GO for $3,258,586 on Sep 19 ’24. On Aug 20 ’24, another insider, Lindberg Eric J. Jr., who serves as the Director of the company, sold 100,000 shares for $18.62 each. As a result, the insider received 1,862,000 and left with 70,938 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, GO now has a Market Capitalization of 1638397824 and an Enterprise Value of 3097472256. As of this moment, Grocery’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.11, and their Forward P/E ratio for the next fiscal year is 14.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 0.745 whereas that against EBITDA is 17.135.
Stock Price History:
Over the past 52 weeks, GO has reached a high of $29.98, while it has fallen to a 52-week low of $15.18. The 50-Day Moving Average of the stock is -2.78%, while the 200-Day Moving Average is calculated to be -25.01%.
Shares Statistics:
According to the various share statistics, GO traded on average about 2.04M shares per day over the past 3-months and 2137320 shares per day over the past 10 days. A total of 99.22M shares are outstanding, with a floating share count of 93.82M. Insiders hold about 4.26% of the company’s shares, while institutions hold 110.06% stake in the company. Shares short for GO as of 1727654400 were 9193226 with a Short Ratio of 4.51, compared to 1724976000 on 10924283. Therefore, it implies a Short% of Shares Outstanding of 9193226 and a Short% of Float of 9.7200006.
