During the last session, GrowGeneration Corp (NASDAQ:GRWG)’s traded shares were 0.53 million, with the beta value of the company hitting 3.07. At the end of the trading day, the stock’s price was $2.22, reflecting an intraday gain of 0.91% or $0.02. The 52-week high for the GRWG share is $5.00, that puts it down -125.23 from that peak though still a striking 20.27% gain since the share price plummeted to a 52-week low of $1.77. The company’s market capitalization is $136.53M, and the average trade volume was 1.18 million shares over the past three months.
GrowGeneration Corp (NASDAQ:GRWG) trade information
GrowGeneration Corp (GRWG) registered a 0.91% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.91% in intraday trading to $2.22, hitting a weekly high. The stock’s 5-day price performance is 5.21%, and it has moved by -27.21% in 30 days. Based on these gigs, the overall price performance for the year is -25.75%.
GrowGeneration Corp (GRWG) estimates and forecasts
Statistics show that GrowGeneration Corp has outperformed its competitors in share price, compared to the industry in which it operates. GrowGeneration Corp (GRWG) shares have gone up 8.29% during the last six months, with a year-to-date growth rate more than the industry average at 36.00% against -3.60. In the rating firms’ projections, revenue will decrease -7.50% 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 46.85M as predicted by 6 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 55.55M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 56.83M and 63.92M respectively. In this case, analysts expect current quarter sales to shrink by -17.60% and then drop by -13.10% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -28.61%. While earnings are projected to return 55.64% in 2024, the next five years will return 20.00% per annum.
GRWG Dividends
GrowGeneration Corp 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.
