In last trading session, Grab Holdings Limited (NASDAQ:GRAB) saw 24.07 million shares changing hands with its beta currently measuring 0.80. Company’s recent per share price level of $3.50 trading at $0.01 or 0.29% at ring of the bell on the day assigns it a market valuation of $13.81B. That closing price of GRAB’s stock is at a discount of -12.0% from its 52-week high price of $3.92 and is indicating a premium of 23.71% from its 52-week low price of $2.67. Taking a look at company’s average trading volume volume of 27.00 million if we extend that period to 3-months.
Grab Holdings Limited (NASDAQ:GRAB) trade information
Upright in the green during last session for gaining 0.29%, in the last five days while hitting it’s week-highest on Friday, 04/26/24 when the stock touched $3.50 price level, adding 1.69% to its value on the day. Grab Holdings Limited’s shares saw a change of 3.86% in year-to-date performance and have moved 0.00% in past 5-day. Grab Holdings Limited (NASDAQ:GRAB) showed a performance of 8.36% in past 30-days.
Grab Holdings Limited (GRAB) estimates and forecasts
Statistics highlight that Grab Holdings Limited is scoring comparatively higher than the scores of other players of the relevant industry. The company added 14.01% of value to its shares in past 6 months, showing an annual growth rate of 109.09% while that of industry is 19.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 17.00% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 636.8M for the same. And 5 analysts are in estimates of company making revenue of 679.38M in the next quarter. Company posted 525M and 567M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 42.25% during past 5 years.
GRAB Dividends
Grab Holdings Limited is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
