GRI Bio Inc (NASDAQ:GRI) Stock Ripped -97.83% Year-To-Date, What Will Happen Next?

In last trading session, GRI Bio Inc (NASDAQ:GRI) saw 0.14 million shares changing hands with its beta currently measuring -2.02. Company’s recent per share price level of $0.76 trading at $0.03 or 3.68% at ring of the bell on the day assigns it a market valuation of $6.79M. That closing price of GRI’s stock is at a discount of -13889.47% from its 52-week high price of $106.32 and is indicating a premium of 60.53% from its 52-week low price of $0.30. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.39 million shares which gives us an average trading volume of 4.38 million if we extend that period to 3-months.

GRI Bio Inc (NASDAQ:GRI) trade information

Upright in the green during last session for gaining 3.68%, in the last five days GRI remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $0.76 price level, adding 1.3% to its value on the day. GRI Bio Inc’s shares saw a change of -97.83% in year-to-date performance and have moved 18.94% in past 5-day. GRI Bio Inc (NASDAQ:GRI) showed a performance of 23.76% in past 30-days. Number of shares sold short was 0.92 million shares which calculate 0.1 days to cover the short interests.

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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 26.64% during past 5 years.

GRI Bio Inc (NASDAQ:GRI)’s Major holders

Insiders are in possession of 0.35% of company’s total shares while institution are holding 4.71 percent of that, with stock having share float percentage of 4.72%. Investors also watch the number of corporate investors in a company very closely, which is 4.71% institutions for GRI Bio Inc that are currently holding shares of the company.