GreenLight Biosciences Holdings (NASDAQ:GRNA)’s traded shares stood at 1.24 million during the last session. At the close of trading, the stock’s price was $0.41, to imply an increase of 21.46% or $0.07 in intraday trading. The GRNA share’s 52-week high remains $14.15, putting it -3351.22% down since that peak but still an impressive 21.95% since price per share fell to its 52-week low of $0.32. The company has a valuation of $69.75M, with an average of 0.55 million shares in intraday trading volume over the past 10 days and average of 322.73K shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for GreenLight Biosciences Holdings (GRNA), translating to a mean rating of 1.50. Of 2 analyst(s) looking at the stock, 0 analyst(s) give GRNA a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
GreenLight Biosciences Holdings (NASDAQ:GRNA) trade information
After registering a 21.46% upside in the last session, GreenLight Biosciences Holdings (GRNA) has traded red over the past five days. The stock hit a weekly high of 0.4700 this Wednesday, 03/15/23, jumping 21.46% in its intraday price action. The 5-day price performance for the stock is -7.06%, and -47.54% over 30 days. With these gigs, the year-to-date price performance is -64.84%. Short interest in GreenLight Biosciences Holdings (NASDAQ:GRNA) saw shorts transact 2.61 million shares and set a 14.38 days time to cover.
GreenLight Biosciences Holdings (GRNA) estimates and forecasts
Revenue forecast for the current quarter as set by 0 analysts is $1.73 million. Meanwhile, for the quarter ending Dec 2022, a total of 1 analyst(s) estimate revenue growth to $1.6 million.
GRNA Dividends
GreenLight Biosciences Holdings has its next earnings report out on August 15. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. GreenLight Biosciences Holdings has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
GreenLight Biosciences Holdings (NASDAQ:GRNA)’s Major holders
GreenLight Biosciences Holdings insiders hold 45.39% of total outstanding shares, with institutional holders owning 26.59% of the shares at 48.69% float percentage. In total, 26.59% institutions holds shares in the company, led by Cormorant Asset Management, LP. As of Sep 29, 2022, the company held over 10.26 million shares (or 6.77% of shares), all amounting to roughly $23.81 million.
The next major institution holding the largest number of shares is CONTINENTAL GRAIN COMPANY with 6.49 million shares, or about 4.28% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $15.06 million.
We also have iShares Russell 2000 ETF and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the GreenLight Biosciences Holdings (GRNA) shares. Going by data provided on Dec 30, 2022, iShares Russell 2000 ETF holds roughly 1.71 million shares. This is just over 1.13% of the total shares, with a market valuation of $2.01 million. Data from the same date shows that the other fund manager holds a little less at 0.81 million, or 0.54% of the shares, all valued at about 1.88 million.