GRAIL Inc. (NASDAQ: GRAL): Retirees Don’t Worry About Volatility

GRAIL Inc. (NASDAQ:GRAL) currently has a daily average trading volume of 1.45M but it saw 1189638 shares traded in last market. With a market cap of 418.24M USD, the company’s current market price of $13.47 came rising about 1.05 while comparing to the previous closing price of $13.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.36 and as low as $12.51. In the recent trading on the day, stock has struck highest price mark of $12.84 while lowest mark touched by it was $13.69.

Taking a look at 20-day trading activity of GRAIL Inc. (GRAL) gives us an average price of $15.40, while its current price level is -42.34% below from 52-week high level whereas it is 7.67% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $15.73. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.88% during that period while stretching the period over a month that decreases to 8.47%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 37.83 which implies that the stock is in neutral territory.

Over the week, GRAL’s stock price is moving -7.30% down while it is -21.00% when we observe its performance for the past one month. Year-to-date it is -1.39% down and over the past year.

Currently, GRAIL Inc.’s total number of outstanding shares is 31.05M. Stock has a price to book (P/B) ratio of 0.16.