Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. GrowGeneration Corp’s current trading price is -46.80% away from its 52-week high, while its distance from the 52-week low is 50.28%. The stock’s price range during this period has varied between $1.77 and $5.00. The company, active in the Consumer Cyclical sector, saw a trading volume of around 1.46 million for the day, considerably higher average daily volume of 1.15 million observed over the last three months.
GrowGeneration Corp had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $5.00 on 05/11/23, while the lowest price during the same period was $1.77 on 11/10/23.
How Financial Performance Impacts Market Capitalization
GrowGeneration Corp (GRWG) has experienced a quarterly rise of 7.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 163.59M and boasts a workforce of 400 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.42, with a change in price of +0.78. Similarly, GrowGeneration Corp recorded 1,063,841 in trading volume during the last 100 days, posting a change of +41.49%.
How GRWG’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GRWG stands at 0.24. Similarly, the long-term debt-to-equity ratio is also 0.20.
GRWG Stock Stochastic Average
As of today, the raw stochastic average of GrowGeneration Corp over the last 50 days is at 53.85%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 53.85%. Further, the company’s Stochastic %K and %D values for the last 20 days were 60.47% and 71.60%, respectively.
GRWG Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 5.98%. However, over the past six months, we’ve seen a stronger performance of -4.32%. The price of GRWG fallen by 22.02% over the last 30 days. And in the last five days, it has fallen by -8.28%.
