Market Highlights: Grab Holdings Limited (GRAB) Ends on a High Note at 5.66

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The price of Grab Holdings Limited (NASDAQ: GRAB) closed at $5.66 in the last session, up 3.66% from day before closing price of $5.46. In other words, the price has increased by $3.66 from its previous closing price. On the day, 81.91 million shares were traded. GRAB stock price reached its highest trading level at $5.67 during the session, while it also had its lowest trading level at $5.4.

Ratios:

We take a closer look at GRAB’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 3.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.70. 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.

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, Daiwa Securities on October 23, 2024, initiated with a Outperform rating and assigned the stock a target price of $4.60.

On June 27, 2024, Mizuho started tracking the stock assigning a Outperform rating and target price of $5.

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 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 22124939264 and an Enterprise Value of 17367820288. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.34 while its Price-to-Book (P/B) ratio in mrq is 3.58. Its current Enterprise Value per Revenue stands at 6.466 whereas that against EBITDA is -248.112.

Stock Price History:

Over the past 52 weeks, GRAB has reached a high of $5.54, while it has fallen to a 52-week low of $2.90. The 50-Day Moving Average of the stock is 40.89%, while the 200-Day Moving Average is calculated to be 59.70%.

Shares Statistics:

According to the various share statistics, GRAB traded on average about 31.55M shares per day over the past 3-months and 61968140 shares per day over the past 10 days. 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 1.84, compared to 1727654400 on 69790868. Therefore, it implies a Short% of Shares Outstanding of 57943001 and a Short% of Float of 2.1.

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