Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 34.07%. However, over the last six months, the performance has been weaker by 11.59%. The price of GROV increased 26.78% over the last 30 days. And in the last five days, it has surged by 34.07%.
Grove Collaborative Holdings Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $2.44 on 03/06/24, while the lowest price for the same period was registered at $1.18 on 08/02/24.
52-week price history of GROV Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Grove Collaborative Holdings Inc’s current trading price is -23.58% away from its 52-week high, while its distance from the 52-week low is 57.27%. The stock’s price range during this period has varied between$1.18 and $2.44. The Grove Collaborative Holdings Inc’s shares, which operate in the Consumer Defensive, saw a trading volume of around 1.35 million for the day, a figure considerably higher than their average daily volume of 0.11 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Grove Collaborative Holdings Inc (GROV) has experienced a quarterly rise of 41.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 76.20M and boasts a workforce of 560 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.3736, with a change in price of +0.5491. Similarly, Grove Collaborative Holdings Inc recorded 124,096 in trading volume during the last 100 days, posting a change of +42.24%.
GROV’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GROV stands at 1.78. Similarly, the long-term debt-to-equity ratio is also 1.36.
GROV Stock Stochastic Average
As of today, Grove Collaborative Holdings Inc’s raw stochastic average for the last 50 days stands at 85.99%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 84.48%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 84.58% and 72.35%, respectively.
