Grab Holdings Limited (NASDAQ: GRAB) Stock: More Upside Ahead?

In the last trading session, 25.19 million Grab Holdings Limited (NASDAQ:GRAB) shares changed hands as the company’s beta touched 0.86. With the company’s per share price at $3.31 changed hands at -$0.02 or -0.60% during last session, the market valuation stood at $13.06B. GRAB’s last price was a discount, traded about -18.43% off its 52-week high of $3.92. The share price had its 52-week low at $2.67, which suggests the last value was 19.34% up since then. When we look at Grab Holdings Limited’s average trading volume, we note the 3-month average coming to 24.77 million.

Grab Holdings Limited (NASDAQ:GRAB) trade information

Instantly GRAB was in red as seen at the end of in last trading. With action 0.30%, the performance over the past five days has been green. The drop to weekly highs of 3.40 subtracted -0.60% to the stock’s daily price. The company’s shares are showing year-to-date downside of -1.78%, with the 5-day performance at 0.30% in the green. However, in the 30-day time frame, Grab Holdings Limited (NASDAQ:GRAB) is 2.16% up.

Grab Holdings Limited (GRAB) estimates and forecasts

Data shows that the Grab Holdings Limited share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -4.61% over the past 6 months, a 109.09% in annual growth rate that is considerably higher than the industry average of 17.30%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 42.25%. The 2024 estimates are for Grab Holdings Limited earnings to increase by 65.17%.

GRAB Dividends

Grab Holdings Limited is expected to release its next quarterly earnings report between May 17 and May 18.