Market Update: GRI Bio Inc (GRI) Sees Negative Movement, Closing at 0.97

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In the latest session, GRI Bio Inc (NASDAQ: GRI) closed at $0.97 down -26.52% from its previous closing price of $1.32. In other words, the price has decreased by -$26.52 from its previous closing price. On the day, 8.32 million shares were traded. GRI stock price reached its highest trading level at $1.04 during the session, while it also had its lowest trading level at $0.891.

Ratios:

For a deeper understanding of GRI Bio Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.11 and its Current Ratio is at 3.11. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRI now has a Market Capitalization of 2839878 and an Enterprise Value of -2347426.

Stock Price History:

Over the past 52 weeks, GRI has reached a high of $134.68, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is 96.84%, while the 200-Day Moving Average is calculated to be -85.62%.

Shares Statistics:

For the past three months, GRI has traded an average of 3.44M shares per day and 17720920 over the past ten days. Insiders hold about 0.15% of the company’s shares, while institutions hold 2.49% stake in the company. Shares short for GRI as of 1727654400 were 169124 with a Short Ratio of 0.05, compared to 1724976000 on 438367. Therefore, it implies a Short% of Shares Outstanding of 169124 and a Short% of Float of 5.79.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

Based on 1 analysts’ estimates, the company’s revenue will be $9M in the next fiscal year. The high estimate is $9M and the low estimate is $9M.

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