After finishing at $3.20 in the prior trading day, Grab Holdings Limited (NASDAQ: GRAB) closed at $3.25, up 1.56%. In other words, the price has increased by $+0.0500 from its previous closing price. On the day, 21840528 shares were traded.
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Ratios:
Our goal is to gain a better understanding of GRAB 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 2.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 108.05. For the most recent quarter (mrq), Quick Ratio is recorded 3.87 and its Current Ratio is at 3.90. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 the company, JP Morgan on January 18, 2024, Upgraded its rating to Overweight and sets its target price to $3.80 from $3.60 previously.
On August 24, 2023, Barclays Upgraded its rating to Overweight which previously was Equal Weight but kept the price unchanged to $4.50.
JP Morgan Upgraded its Underweight to Neutral on June 22, 2023, whereas the target price for the stock was revised from $2.55 to $3.10.
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 12.73B and an Enterprise Value of 8.48B. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.40 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 3.59 whereas that against EBITDA is -38.20.
Stock Price History:
Over the past 52 weeks, GRAB has reached a high of $3.92, while it has fallen to a 52-week low of $2.65. The 50-Day Moving Average of the stock is 3.2003, while the 200-Day Moving Average is calculated to be 3.3431.
Shares Statistics:
The stock has traded on average 23.15M shares per day over the past 3-months and 32.81M shares per day over the last 10 days, according to various share statistics. A total of 3.74B shares are outstanding, with a floating share count of 1.99B. Insiders hold about 49.33% of the company’s shares, while institutions hold 35.99% stake in the company. Shares short for GRAB as of Feb 29, 2024 were 69.44M with a Short Ratio of 3.00, compared to 71.12M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.77% and a Short% of Float of 2.70%.
