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 -14.69% away from its 52-week high, while its distance from the 52-week low is 58.44%. The stock’s price range during this period has varied between $3.08 and $5.72. The company, active in the Technology sector, saw a trading volume of around 21.92 million for the day, considerably lower average daily volume of 37.63 million observed over the last three months.
Grab Holdings Limited (GRAB) current stock price is $4.88. During the last trading session, the stock soared, reaching $8.0 after opening at $4.88. The stock’s lowest point was $5.1 before it closed at $4.95.
Grab Holdings Limited had a pretty favorable run when it comes to the market performance.
How Financial Performance Impacts Market Capitalization
Grab Holdings Limited (GRAB) has experienced a quarterly decline of -1.01% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.89B and boasts a workforce of 11267 employees.
Decoding Analysts’ Ratings for Grab Holdings Limited
As of right now, 17 analysts are rating Grab Holdings Limited as a BUY, 6 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 4.78, with a change in price of +0.43. Similarly, Grab Holdings Limited recorded 37,015,668 in trading volume during the last 100 days, posting a change of +9.66%.
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 0.30. 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 38.46%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 18.99%. Additionally, the Stochastic %K and %D values for the company were 17.30% and 19.97%, respectively, over the past 20 days.
GRAB Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded an increase of 53.94%. However, over the last six months, the performance has been weaker by 4.50%. The price of GRAB decreased -0.81% over the last 30 days. And in the last five days, it has surged by 1.67%.
