GrowGeneration Corp (NASDAQ:GRWG) currently has a daily average trading volume of 474.68K but it saw 1908979 shares traded in last market. With a market cap of 111.83M USD, the company’s current market price of $1.89 came falling about -15.63 while comparing to the previous closing price of $2.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.38 and as low as $1.77. In the recent trading on the day, stock has struck highest price mark of $1.84 while lowest mark touched by it was $2.23.
Taking a look at 20-day trading activity of GrowGeneration Corp (GRWG) gives us an average price of $2.08, while its current price level is -44.08% below from 52-week high level whereas it is 6.78% 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 $2.04 while that of 200 days or SMA-200 reads an average of $2.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.33% during that period while stretching the period over a month that decreases to 5.34%. 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 39.62 which implies that the stock is in neutral territory.
Craig Hallum upgraded its recommendation for the stock as a “Buy” from “Hold” on May 10, 2023 while assigning a price target range of $4.25-$4.75. Alliance Global Partners also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $7 and $4.50.
Over the week, GRWG’s stock price is moving -10.43% down while it is -10.00% when we observe its performance for the past one month. Year-to-date it is -24.70% down and over the past year, the stock is showing a downside performance of -10.43%.
Currently, GrowGeneration Corp’s total number of outstanding shares is 61.48M. Company’s return on investment (ROI) stands at -26.05% and return on equity (ROE) at -27.27%. Stock’s beta reads 3.12. Stock has a price to book (P/B) ratio of 0.74 while price to sale or P/S ratio amounts to 0.54. Its return on asset (ROA) is -19.76% on average.
