$Grab Holdings(GRAB)$ traded with an addition of $0.75 to $6.30on Thursday, an upside of 13.45 percent. An average of 11,943,231 shares of common stock have been traded in the last five days. There was a gain of $1.15 in the past week. The last 20 days have seen an average of 21,477,473 shares traded.
GRAB stock has decreased by -15.91% in the last month. The company shares reached their 1-month lowest point of $4.95 on 02/04/22. Shares of the company touched a low of $4.95 and a high of $17.15 in 52 weeks. In spite of this, the price is down -63.28% from the 52-week high.
Valuation Metrics
Grab Holdings Limited (GRAB) has a trailing price-to-earnings (P/E) ratio of 6.61 for the broader industry. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 24.70.
The quick ratio of Grab Holdings Limited for the recent quarter was 6.30, and the current ratio was 6.30, indicating that the company is able to meet its debt obligations.
Earnings Surprise
Shareholders own equity worth $62.5 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Grab Holdings Limited (GRAB) price momentum. RSI 9-day as of the close on 09 February was 60.21%, suggesting the stock is Neutral, with historical volatility in this time frame at 89.70%.
As of today, GRAB’s price is $5.51 +23.09% or $1.15 from its 5-day moving average. GRAB is currently trading -1.92% lower than its 20-day SMA.
The stochastic %K and %D were 48.92% and 35.56%, respectively, and the average true range (ATR) was 0.46. With the 14-day stochastic at 81.10% and the average true range at 0.46, the RSI (14) stands at 51.76%. The stock has reached 0.14 on the 9-day MACD Oscillator while the 14-day reading was at 0.07.
Analyst Ratings
Goldman launched coverage on Grab Holdings Limited (NASDAQ: GRAB) in its analyst report released on January 28, 2022. The firm assigned the stock a a Buy rating. The consensus rating for Grab Holdings Limited (GRAB) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell GRAB, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 11 others rate it as a “buy”.
What is GRAB’s price target for the next 12 months?
Analysts predict a range of price targets between $7.90 and $13.00, with a median target of $10.25. Taking a look at these predictions, the average price target given by analysts for Grab Holdings Limited (GRAB) stock is $10.53.
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