GrowGeneration Corp (NASDAQ:GRWG) currently has a daily average trading volume of 657.14K but it saw 1082290 shares traded in last market. With a market cap of 69.57M USD, the company’s current market price of $1.17 came rising about 5.41 while comparing to the previous closing price of $1.11. 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 $1.03 while lowest mark touched by it was $1.2398.
Taking a look at 20-day trading activity of GrowGeneration Corp (GRWG) gives us an average price of $0.9590, while its current price level is -62.80% below from 52-week high level whereas it is 42.49% 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 $1.0807 while that of 200 days or SMA-200 reads an average of $1.7018. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.23% during that period while stretching the period over a month that decreases to 9.44%. 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 65.39 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 26.15% up while it is 8.33% when we observe its performance for the past one month. Year-to-date it is -30.77% down and over the past year, the stock is showing a downside performance of -47.30%.
Currently, GrowGeneration Corp’s total number of outstanding shares is 59.40M with 7.69% of that held by the insiders while 41.39% 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 3.57. Stock has a price to book (P/B) ratio of 0.58 while price to sale or P/S ratio amounts to 0.37. Its return on asset (ROA) is -18.25% on average.
