During the last session, Grab Holdings Limited (NASDAQ:GRAB)’s traded shares were 14.33 million, with the beta value of the company hitting 0.83. At the end of the trading day, the stock’s price was $3.50, reflecting an intraday gain of 0.57% or $0.02. The 52-week high for the GRAB share is $3.92, that puts it down -12.0 from that peak though still a striking 23.71% gain since the share price plummeted to a 52-week low of $2.67. The company’s market capitalization is $13.81B, and the average trade volume was 26.14 million shares over the past three months.
Grab Holdings Limited (NASDAQ:GRAB) trade information
Grab Holdings Limited (GRAB) registered a 0.57% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.57% in intraday trading to $3.50, hitting a weekly high. The stock’s 5-day price performance is 3.24%, and it has moved by 10.76% in 30 days. Based on these gigs, the overall price performance for the year is 26.35%.
Grab Holdings Limited (GRAB) estimates and forecasts
Statistics show that Grab Holdings Limited has outperformed its competitors in share price, compared to the industry in which it operates. Grab Holdings Limited (GRAB) shares have gone up 6.71% during the last six months, with a year-to-date growth rate more than the industry average at 109.09% against 18.50. In the rating firms’ projections, revenue will increase 16.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 636.8M as predicted by 6 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 679.38M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 525M and 567M respectively. In this case, analysts expect current quarter sales to grow by 21.30% and then jump by 19.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 42.25%. While earnings are projected to return 69.79% in 2024.
GRAB Dividends
Grab Holdings Limited is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
