GrowGeneration Corp (NASDAQ:GRWG) currently has a daily average trading volume of 677.35K but it saw 495302 shares traded in last market. With a market cap of 54.00M USD, the company’s current market price of $0.91 came rising about 3.85 while comparing to the previous closing price of $0.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.14 and as low as $0.82. In the recent trading on the day, stock has struck highest price mark of $0.86 while lowest mark touched by it was $0.9199.
Taking a look at 20-day trading activity of GrowGeneration Corp (GRWG) gives us an average price of $1.0145, while its current price level is -71.12% below from 52-week high level whereas it is 10.62% 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 $1.1499 while that of 200 days or SMA-200 reads an average of $1.7500. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.76% during that period while stretching the period over a month that increases to 8.17%. 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 35.71 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 3.68% up while it is -25.55% when we observe its performance for the past one month. Year-to-date it is -46.25% down and over the past year, the stock is showing a downside performance of -59.27%.
The company is expected to be releasing its next quarterly report on 2025-Mar-12, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $45.2M as analysts are expecting the sales for current fiscal year at $173.65M and seeing the company making $182.28M in sales next year. Moreover, analysts are in estimates of $39.63M for current-quarter revenue.
Currently, GrowGeneration Corp’s total number of outstanding shares is 59.40M with 7.69% of that held by the insiders while 42.21% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -33.07% and return on equity (ROE) at -33.74%. Stock’s beta reads 3.56. Stock has a price to book (P/B) ratio of 0.45 while price to sale or P/S ratio amounts to 0.29. Its return on asset (ROA) is -18.25% on average.
