The market performance of GRI Bio Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $47.95 on 06/15/23, while the lowest value for the same duration was $0.25 on 06/14/24.
52-week price history of GRI 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. GRI Bio Inc’s current trading price is -99.47% away from its 52-week high, while its distance from the 52-week low is 1.36%. The stock’s price range during the 52-week period has remained between $0.25 and $47.95. In the Healthcare sector, the company’s shares saw a trading volume of around 1.09 million for the day, which was evidently higher than the average daily volume of 0.34 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
GRI Bio Inc (GRI) has experienced a quarterly decline of -67.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.95M and boasts a workforce of 4 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 0.7387, with a change in price of -1.6860. Similarly, GRI Bio Inc recorded 655,775 in trading volume during the last 100 days, posting a change of -86.95%.
Examining GRI’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 GRI stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.04.
GRI Stock Stochastic Average
As of today, GRI Bio Inc’s raw stochastic average for the last 50 days stands at 11.32%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 15.94%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 6.90% and 4.86%, respectively.
GRI Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -90.62%. However, over the last six months, the performance has been stronger by -91.23%. The price of GRI decreased -36.91% over the last 30 days. And in the last five days, it has fallen by -9.20%.
