In the last trading session, 1.28 million shares of the GRAIL Inc (NASDAQ:GRAL) were traded. Most recently the company’s share price was $32.13, and it changed around $1.84 or 6.07% from the last close, which brings the market valuation of the company to $1.09B. GRAL currently trades at a discount to its 52-week high of $63.99, offering almost -99.16% off that amount. The share price’s 52-week low was $12.33, which indicates that the current value has risen by an impressive 61.62% since then. We note from GRAIL Inc’s average daily trading volume that its 10-day average is 1.33 million shares, with the 3-month average coming to 1.42 million.
GRAIL Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended GRAL as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. GRAIL Inc is expected to report earnings per share of 0 for the current quarter.
GRAIL Inc (NASDAQ:GRAL) trade information
Instantly GRAL has showed a green trend with a performance of 6.07% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 33.49 on recent trading dayincreased the stock’s daily price by 4.06%. The company’s shares are currently up 80.00% year-to-date, but still up 10.30% over the last five days. On the other hand, GRAIL Inc (NASDAQ:GRAL) is -21.11% down in the 30-day period. We can see from the shorts that 3.64 million shares have been sold at a short interest cover period of 2.01 day(s).
GRAIL Inc (GRAL) estimates and forecasts
The year-over-year growth rate is expected to be 22.20%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 35.8M in revenue for the current quarter. 2 analysts expect GRAIL Inc to make 38.15M in revenue for the current ending quarter.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -89.93%. GRAIL Inc earnings are expected to increase by 75.42% in 2025, but the outlook is positive 42.43% per year for the next five years.
GRAIL Inc (NASDAQ:GRAL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 13.64% of GRAIL Inc shares, and 78.95% of them are in the hands of institutional investors. The stock currently has a share float of 91.42%. GRAIL Inc stock is held by 469.0 institutions, with SESSA CAPITAL IM, L.P. being the largest institutional investor. By 2024-06-30, it held 7.8907% of the shares, which is about 2.45 million shares worth $37.66 million.
PRIMECAP MANAGEMENT CO/CA/, with 6.0075% or 1.87 million shares worth $28.67 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
