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The price of Grab Holdings Limited (NASDAQ: GRAB) closed at $3.39 in the last session, up 5.61% from day before closing price of $3.21. In other words, the price has increased by $5.61 from its previous closing price. On the day, 50.76 million shares were traded. GRAB stock price reached its highest trading level at $3.42 during the session, while it also had its lowest trading level at $3.23.
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 2.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 113.35. 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 13374872576 and an Enterprise Value of 9008389120. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.67 while its Price-to-Book (P/B) ratio in mrq is 2.07. Its current Enterprise Value per Revenue stands at 3.819 whereas that against EBITDA is -27.298.
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 $2.67. The 50-Day Moving Average of the stock is 4.72%, while the 200-Day Moving Average is calculated to be 1.71%.
Shares Statistics:
According to the various share statistics, GRAB traded on average about 24.29M shares per day over the past 3-months and 26938790 shares per day over the past 10 days. A total of 3.81B shares are outstanding, with a floating share count of 2.57B. Insiders hold about 34.74% of the company’s shares, while institutions hold 35.80% stake in the company. Shares short for GRAB as of 1711584000 were 60317882 with a Short Ratio of 2.48, compared to 1709164800 on 69440693. Therefore, it implies a Short% of Shares Outstanding of 60317882 and a Short% of Float of 2.1999999999999997.
Earnings Estimates
The market rating for Grab Holdings Limited (GRAB) is a result of the insights provided by Grab Holdings Limited analysts actively involved in the assessment.The consensus estimate for the next quarter is $28.33, with high estimates of $15.76 and low estimates of $5.21.
Analysts are recommending an EPS of between $Financial Services and $Financial Services for the fiscal current year, implying an average EPS of $Healthcare.
