Grab Holdings Limited (NASDAQ:GRAB) has a beta value of 0.84 and has seen 16.28 million shares traded in the last trading session. The company, currently valued at $13.81B, closed the last trade at $3.50 per share which meant it 0.00% during that session. The GRAB stock price is -12.0% off its 52-week high price of $3.92 and 23.71% above the 52-week low of $2.67. The 3-month trading volume is 26.68 million shares.
Grab Holdings Limited (NASDAQ:GRAB) trade information
The stock has traded in the green over the last five days, when the GRAB stock price touched $3.50 or saw a rise of 1.96%. Year-to-date, Grab Holdings Limited shares have moved 3.86%, while the 5-day performance has seen it change 4.48%. Over the past 30 days, the shares of Grab Holdings Limited (NASDAQ:GRAB) have changed 11.46%.
Grab Holdings Limited (GRAB) estimates and forecasts
Figures show that Grab Holdings Limited shares have outperformed across the wider relevant industry. The company’s shares have gained 13.64% over the past 6 months, with this year growth rate of 109.09%, compared to 19.50% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 100.00% and 100.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 17.00%.
6 analysts offering their estimates for the company have set an average revenue estimate of $636.8 million for the current quarter. 5 have an estimated revenue figure of $679.38 million for the next quarter concluding in Jun 2024. Year-ago sales stood $525 million and $567 million respectively for this quarter and the next, and analysts expect sales will grow by 21.30% for the current quarter and 19.80% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 42.25% over the past 5 years.
GRAB Dividends
Grab Holdings Limited is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
