In the latest trading session, 0.5 million GrowGeneration Corp (NASDAQ:GRWG) shares changed hands as the company’s beta touched 3.13. With the company’s most recent per share price at $2.80 changing hands around $0.11 or 4.08% at last look, the market valuation stands at $172.18M. GRWG’s current price is a discount, trading about -78.57% off its 52-week high of $5.00. The share price had its 52-week low at $1.77, which suggests the last value was 36.79% up since then. When we look at GrowGeneration Corp’s average trading volume, we note the 3-month average coming to 1.34 million.
GrowGeneration Corp (NASDAQ:GRWG) trade information
Instantly GRWG is in green as seen in intraday trades today. With action 21.73%, the performance over the past five days has been green. The jump to weekly highs of 3.04 added 4.08% to the stock’s daily price. The company’s shares are showing year-to-date upside of 11.54%, with the 5-day performance at 21.73% in the green. However, in the 30-day time frame, GrowGeneration Corp (NASDAQ:GRWG) is -1.07% down.
GrowGeneration Corp (GRWG) estimates and forecasts
Data shows that the GrowGeneration Corp 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 28.43% over the past 6 months, a 36.00% in annual growth rate that is considerably higher than the industry average of -3.60%. Year-over-year growth is forecast to reach -7.50% down from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 46.85M. 7 analysts are of the opinion that GrowGeneration Corp’s revenue for the current quarter will be 55.55M. The company’s revenue for the corresponding quarters a year ago was 56.83M and 63.92M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -17.60%. The estimates for the next quarter sales put growth at -13.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -28.61%. The 2024 estimates are for GrowGeneration Corp earnings to increase by 55.64%, but the outlook for the next 5-year period is at 20.00% per year.
