Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of GRAIL Inc (NASDAQ: GRAL) was $52.60 for the day, up 11.61% from the previous closing price of $47.13. In other words, the price has increased by $11.61 from its previous closing price. On the day, 2.03 million shares were traded.
Ratios:
Our analysis of GRAL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.43 and its Current Ratio is at 9.65. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Morgan Stanley on November 27, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $16.
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 Nov 18 ’24 when Freidin Aaron sold 30,452 shares for $14.02 per share. The transaction valued at 426,937 led to the insider holds 268,277 shares of the business.
Aaron Freidin bought 31,721 shares of GRAL for $469,471 on Nov 18 ’24. On Oct 15 ’24, another insider, RAGUSA ROBERT P, who serves as the Chief Executive Officer of the company, sold 123,454 shares for $14.02 each. As a result, the insider received 1,730,825 and left with 612,661 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 15.02 while its Price-to-Book (P/B) ratio in mrq is 0.67.
Stock Price History:
Over the past 52 weeks, GRAL has reached a high of $63.99, while it has fallen to a 52-week low of $12.33. The 50-Day Moving Average of the stock is 107.23%, while the 200-Day Moving Average is calculated to be 190.73%.
Shares Statistics:
A total of 33.20M shares are outstanding, with a floating share count of 28.04M. Insiders hold about 16.55% of the company’s shares, while institutions hold 79.15% stake in the company.
