In the last trading session, 68.32 million Grab Holdings Limited (NASDAQ:GRAB) shares changed hands as the company’s beta touched 0.84. With the company’s per share price at $4.16 changed hands at $0.13 or 3.23% during last session, the market valuation stood at $16.48B. GRAB’s last price was a premium, traded about 2.4% off its 52-week high of $4.06. The share price had its 52-week low at $2.90, which suggests the last value was 30.29% up since then. When we look at Grab Holdings Limited’s average trading volume, we note the 10-day average is 28.7 million shares, with the 3-month average coming to 24.82 million.
Analysts gave the Grab Holdings Limited (GRAB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.38. If we narrow down to specifics, the data shows that 1 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GRAB as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Grab Holdings Limited (NASDAQ:GRAB) trade information
Instantly GRAB was in green as seen at the end of in last trading. With action 15.24%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 23.44%, with the 5-day performance at 15.24% in the green. However, in the 30-day time frame, Grab Holdings Limited (NASDAQ:GRAB) is 13.97% up. Looking at the short shares, we see there were 69.79 million shares sold at short interest cover period of 2.72 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 16.8% from its current market value. According to analyst projections, GRAB’s forecast low is 4.2 with 13 as the target high. To hit the forecast high, the stock’s price needs a -212.5% plunge from its current level, while the stock would need to soar -0.96% for it to hit the projected low.
Grab Holdings Limited (GRAB) estimates and forecasts
Data shows that the Grab Holdings Limited 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 18.52% over the past 6 months, a 63.64% in annual growth rate that is considerably higher than the industry average of 18.90%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 42.25%. The 2024 estimates are for Grab Holdings Limited earnings to increase by 56.49%.
GRAB Dividends
Grab Holdings Limited is expected to release its next quarterly earnings report in November.
MORGAN STANLEY holds the second largest percentage of outstanding shares, with 5.042% or 198.42 million shares worth $704.39 million as of 2024-06-30.
