Grab Holdings Limited (NASDAQ:GRAB) has a beta value of 0.84 and has seen 5.66 million shares traded in the recent trading session. The company, currently valued at $18.62B, closed the recent trade at $36450000.0 per share which meant it gained $36449995.51 on the day or 5661831% during that session. The GRAB stock price is 100.0% off its 52-week high price of $5.72 and 100.0% above the 52-week low of $2.98. If we look at the company’s 10-day average daily trading volume, we find that it stood at 51.96 million shares traded. The 3-month trading volume is 36.45 million shares.
The consensus among analysts is that Grab Holdings Limited (GRAB) is Buy stock at the moment, with a recommendation rating of 1.35. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 7 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.01.
Grab Holdings Limited (NASDAQ:GRAB) trade information
Over the past 30 days, the shares of Grab Holdings Limited (NASDAQ:GRAB) have changed -4.99%. Short interest in the company has seen 126.25 million shares shorted with days to cover at 4.3.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could drop -728999900.0% from the levels at last check today.. The projected low price target is $4.2 while the price target rests at a high of $13.0. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Grab Holdings Limited (GRAB) estimates and forecasts
The company’s shares have lost -11.09% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 22.32%.
8 analysts offering their estimates for the company have set an average revenue estimate of 813.11M for the current quarter. 8 have an estimated revenue figure of 858.52M for the next ending quarter. Year-ago sales stood 664M and 716M respectively for this quarter and the next, and analysts expect sales will grow by 22.46% for the current quarter and 22.32% for the next.
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 51.71% over the past 5 years.
GRAB Dividends
Grab Holdings Limited is expected to release its next earnings report on 2025-Apr-30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Grab Holdings Limited (NASDAQ:GRAB)’s Major holders
Insiders own 22.27% of the company shares, while shares held by institutions stand at 61.36% with a share float percentage of 78.94%. Investors are also buoyed by the number of investors in a company, with Grab Holdings Limited having a total of 735.0 institutions that hold shares in the company. The top two institutional holders are SB INVESTMENT ADVISERS (UK) LTD with over 401.8 million shares worth more than $1.43 billion. As of 2024-06-30, SB INVESTMENT ADVISERS (UK) LTD held 10.1342% of shares outstanding.
The other major institutional holder is TOYOTA MOTOR CORP/, with the holding of over 222.91 million shares as of 2024-06-30. The firm’s total holdings are worth over $791.32 million and represent 5.6222% of shares outstanding.
