GRI Bio Inc (GRI) Has A Bright Growth Prospects For 2025

GRI Bio Inc (NASDAQ:GRI) has a beta value of -1.72 and has seen 8.16 million shares traded in the recent trading session. The company, currently valued at $2.47M, closed the recent trade at $4.71 per share which meant it gained $1.51 on the day or 47.19% during that session. The GRI stock price is -3562.21% off its 52-week high price of $172.49 and 35.24% above the 52-week low of $3.05. If we look at the company’s 10-day average daily trading volume, we find that it stood at 47270.0 shares traded. The 3-month trading volume is 17.40K shares.

GRI Bio Inc (NASDAQ:GRI) trade information

Sporting 47.19% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GRI stock price touched $4.71 or saw a rise of 57.64%. Year-to-date, GRI Bio Inc shares have moved -66.55%, while the 5-day performance has seen it change -29.70%. Over the past 30 days, the shares of GRI Bio Inc (NASDAQ:GRI) have changed -38.35%. Short interest in the company has seen 19433.0 shares shorted with days to cover at 1.46.

GRI Bio Inc (GRI) estimates and forecasts

The company’s shares have lost -37.88% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.00%. If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 70.23% over the past 5 years.

GRI Dividends

GRI Bio Inc is expected to release its next earnings report on 2025-Mar-13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 0.09% of the company shares, while shares held by institutions stand at 2.51% with a share float percentage of 2.51%. Investors are also buoyed by the number of investors in a company, with GRI Bio Inc having a total of 8.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund. As of Jan 31, 2025, the former fund manager holds about 0.59% shares in the company for having 3.11 shares of worth $10912.0 while later fund manager owns 539.0 shares of worth $1891.0 as of Jan 31, 2025, which makes it owner of about 0.10% of company’s outstanding stock.