Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Grab Holdings Limited’s current trading price is -19.90% away from its 52-week high, while its distance from the 52-week low is 17.60%. The stock’s price range over this period has fluctuated between $2.67 and $3.92. The company, operating within the financial sector, had a trading volume of approximately 24.59 million for the day, which was noticeably higher than the average daily share volume of 23.36 million over the last 3 months.
Grab Holdings Limited experienced a rather steady stock market performance. The highest value in the past year was recorded at $3.92 on 07/31/23 and the lowest value was $2.67 on 05/18/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Grab Holdings Limited (GRAB) has experienced a quarterly decline of -3.98% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.35B and boasts a workforce of 10604 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.20, with a change in price of +0.01. Similarly, Grab Holdings Limited recorded 22,427,500 in trading volume during the last 100 days, posting a change of +0.32%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GRAB stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.10.
GRAB Stock Stochastic Average
Today, Grab Holdings Limited’s raw stochastic average for the past 50 days stands at 30.30%, indicating a decline from the raw stochastic average of the last 20 days, which was 41.38%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 50.57% and 48.66% respectively.
GRAB Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -6.82% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -7.10%. Over the past 30 days, the price of GRAB has fallen by 1.95%. And in the last five days, it has fallen by -3.38%.
