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After finishing at $23.23 in the prior trading day, Grindr Inc (NYSE: GRND) closed at $22.97, down -1.12%. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 1.18 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GRND by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.04. For the most recent quarter (mrq), Quick Ratio is recorded 4.17 and its Current Ratio is at 4.17. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.85.
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, Goldman on December 16, 2024, initiated with a Buy rating and assigned the stock a target price of $20.
JMP Securities reiterated its Mkt Outperform rating for the stock on June 27, 2024, while the target price for the stock was revised from $14 to $17.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 03 ’25 when GEARON J MICHAEL JR sold 19,432 shares for $24.75 per share. The transaction valued at 480,942 led to the insider holds 5,480,568 shares of the business.
GEARON J MICHAEL JR sold 249,700 shares of GRND for $6,102,668 on Jun 02 ’25. The Director now owns 6,090,959 shares after completing the transaction at $24.44 per share. On May 30 ’25, another insider, GEARON J MICHAEL JR, who serves as the Director of the company, sold 250,300 shares for $24.33 each. As a result, the insider received 6,089,799 and left with 6,340,659 shares of the company.
Stock Price History:
Over the past 52 weeks, GRND has reached a high of $25.13, while it has fallen to a 52-week low of $8.95. The 50-Day Moving Average of the stock is 5.92%, while the 200-Day Moving Average is calculated to be 36.03%.
Shares Statistics:
A total of 200.24M shares are outstanding, with a floating share count of 41.45M. Insiders hold about 78.84% of the company’s shares, while institutions hold 17.40% stake in the company.
