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. Grab Holdings Limited’s current trading price is -14.34% away from its 52-week high, while its distance from the 52-week low is 64.43%. The stock’s price range during this period has varied between $2.98 and $5.72. The company, active in the Technology sector, saw a trading volume of around 22.22 million for the day, considerably lower average daily volume of 39.73 million observed over the last three months.
The market performance of Grab Holdings Limited has been somewhat stable. Over the past year, the company’s stock achieved a high of $5.72 on 11/21/24, with the lowest value for the same timeframe being $2.98, recorded on 08/05/24.
How Financial Performance Impacts Market Capitalization
Grab Holdings Limited (GRAB) has experienced a quarterly rise of 2.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.97B and boasts a workforce of 11267 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 4.63, with a change in price of -0.28. Similarly, Grab Holdings Limited recorded 34,602,762 in trading volume during the last 100 days, posting a change of -5.41%.
How GRAB’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 GRAB stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.04.
GRAB Stock Stochastic Average
As of today, the raw stochastic average of Grab Holdings Limited over the past 50 days is 92.77%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 88.99%. Additionally, the Stochastic %K and %D values for the company were 90.20% and 89.78%, respectively, over the past 20 days.
GRAB 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. The metric has seen a significant gain of 3.81% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 16.95%. Over the past 30 days, the price of GRAB has fallen by 15.02%. And in the last five days, it has surged by 0.20%.
