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After finishing at $0.83 in the prior trading day, GRI Bio Inc (NASDAQ: GRI) closed at $0.73, down -11.13%. In other words, the price has decreased by -$11.13 from its previous closing price. On the day, 0.27 million shares were traded. GRI stock price reached its highest trading level at $0.85 during the session, while it also had its lowest trading level at $0.7251.
Ratios:
Our goal is to gain a better understanding of GRI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.10 and its Current Ratio is at 3.10. In the meantime, Its Debt-to-Equity ratio is 0.04 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, H.C. Wainwright on December 09, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
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 6562453 and an Enterprise Value of -3951517.
Stock Price History:
The Beta on a monthly basis for GRI is -2.14, which has changed by -0.97483826 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, GRI has reached a high of $65.00, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -8.04%, while the 200-Day Moving Average is calculated to be -68.02%.
Shares Statistics:
The stock has traded on average 4.29M shares per day over the past 3-months and 201400 shares per day over the last 10 days, according to various share statistics. A total of 8.93M shares are outstanding, with a floating share count of 8.93M. Insiders hold about 0.05% of the company’s shares, while institutions hold 1.54% stake in the company. Shares short for GRI as of 1730332800 were 924631 with a Short Ratio of 0.07, compared to 1727654400 on 169124. Therefore, it implies a Short% of Shares Outstanding of 924631 and a Short% of Float of 25.11.
Earnings Estimates
The company has 2 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.24, with high estimates of -$0.24 and low estimates of -$0.24.
Analysts are recommending an EPS of between -$2.62 and -$3.04 for the fiscal current year, implying an average EPS of -$2.83. EPS for the following year is -$0.93, with 2.0 analysts recommending between -$0.9 and -$0.95.
