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GRI Bio Inc: Analyzing GRI Stock Trends

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GRI Bio Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $441.70 on 07/11/23, and the lowest price during the same period was recorded at $1.46 on 07/05/24.

52-week price history of GRI Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. GRI Bio Inc’s current trading price is -99.59% away from its 52-week high, while its distance from the 52-week low is 24.66%. The stock’s price range during this period has fluctuated between $1.46 and $441.70. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 0.97 million for the day, which was evidently higher than the average daily volume of 0.1 million over the last three months.

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Financial Performance and Market Capitalization

GRI Bio Inc (GRI) has experienced a quarterly decline of -74.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.09M and boasts a workforce of 4 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 6.6510, with a change in price of -13.0000. Similarly, GRI Bio Inc recorded 87,938 in trading volume during the last 100 days, posting a change of -87.72%.

GRI Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its 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

GRI Bio Inc’s raw stochastic average for the past 50 days is currently at 7.54%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 16.65%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 9.65% and 6.19%, respectively.

GRI Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -94.80% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -93.87%. Over the past 30 days, the price of GRI has leaped by -50.18%. And in the last five days, it has fallen by -4.21%.

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