Grab Holdings Limited saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $3.92 on 07/31/23, while the lowest price for the same duration was marked at $2.67 on 05/18/23.
52-week price history of GRAB Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Grab Holdings Limited’s current trading price is -18.62% away from its 52-week high, while its distance from the 52-week low is 19.48%. The stock’s price range during the 52-week period has remained between $2.67 and $3.92. In the Technology sector, the company’s shares saw a trading volume of around 21.03 million for the day, which was evidently lower than the average daily volume of 23.49 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Grab Holdings Limited (GRAB) has experienced a quarterly decline of -1.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.55B and boasts a workforce of 10604 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.20, with a change in price of +0.03. Similarly, Grab Holdings Limited recorded 22,437,264 in trading volume during the last 100 days, posting a change of +0.95%.
Examining GRAB’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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
Grab Holdings Limited’s raw stochastic average for the past 50 days is presently 37.88%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 58.62%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 47.13% and 48.66%, respectively.
GRAB Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a loss of -5.34%.However, over the last six months, we can see a stronger performance of -8.07%. Over the last 30 days, the price of GRAB has fallen by 3.91%. And in the last five days, it has surged by 1.27%.
