GRI Bio Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $161.98 on 10/05/23, while the lowest price for the same duration was marked at $0.40 on 09/23/24.
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 -99.71% away from its 52-week high, while its distance from the 52-week low is 16.63%. The stock’s price range during the 52-week period has remained between $0.40 and $161.98. In the Healthcare sector, the company’s shares saw a trading volume of around 2.61 million for the day, which was evidently higher than the average daily volume of 0.6 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 -84.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.35M 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 2.1643, with a change in price of -5.0540. Similarly, GRI Bio Inc recorded 434,016 in trading volume during the last 100 days, posting a change of -91.67%.
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 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.
GRI Stock Stochastic Average
GRI Bio Inc’s raw stochastic average for the past 50 days is presently 2.91%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 31.03%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 14.96% and 11.91%, respectively.
GRI 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 -98.68%.However, over the last six months, we can see a stronger performance of -95.42%. Over the last 30 days, the price of GRI has leaped by -9.26%. And in the last five days, it has fallen by -4.79%.
