GRAIL Inc (NASDAQ:GRAL) does about 1.41M shares in volume on a normal day but saw 2425702 shares change hands in the recent trading day. The company now has a market cap of 1.11B USD. Its current market price is $32.88, marking a decrease of -1.70% compared to the previous close of $33.45. The 52 week high reached by this stock is $63.99 whilst the lowest price level in 52 weeks is $12.33.
GRAIL Inc (GRAL) has a 20-day trading average at $41.32 and the current price is -48.62% off the 52-week high compared with 166.67% distance from its 52-week low. The 50-day simple moving average of the closing price is $30.01. If we look at the stock’s price movements over the week, volatility stands at 18.52%, which decreases to 17.70% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.24 to suggest the stock is neutral.
The consensus objective for the share price is $16.00, suggesting that the stock has a potential downside of -105.5% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on November 27, 2024 when Morgan Stanley initiated the stock to “Equal-Weight” and issued a price target of $16.
The current price level is -20.43%, 9.56%, and 68.38% away from its SMA20, SMA50, and SMA200 respectively, with the GRAL price moving above the 50-day SMA on current market day. GRAIL Inc (GRAL) stock is down -14.73% over the week and -4.39% over the past month. Its price is 84.20% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $38.15M, which analysts say will come at $155.5M for the current fiscal year and next year at $170.37M. In addition, estimates put the company’s current quarterly revenue at an average of $35.8M.
To reach the target analysts have set, the stock logically needs to shrink -105.5 percent from here.
Outstanding shares total 33.89M with insiders holding 13.72% of the shares and institutional holders owning 78.45% of the company’s common stock. The company has a return on investment of -79.23% and return on equity of -65.92%. Price to book ratio is 0.45 and price to sales ratio is 8.87.
