GrowGeneration Corp. (NASDAQ:GRWG) went down by -9.42% from its latest closing price compared to the recent 1-year high of $67.75. The company’s stock price has collected 1.50% of gains in the last five trading sessions. Press Release reported 2 hours ago that GrowGeneration Announces Mutual Termination of HGS Acquisition, Updates Guidance, and Enters New Mexico’s Thriving Cannabis Market with Acquisition of All Seasons Gardening
Is It Worth Investing in GrowGeneration Corp. (NASDAQ :GRWG) Right Now?
GrowGeneration Corp. (NASDAQ:GRWG) scored a price-to-earnings ratio above its average ratio, recording 77.61 x from its present earnings ratio. Plus, the 36-month beta value for GRWG is at 2.93. Opinions of the stock are interesting as 8 analysts out of 8 who provided ratings for GrowGeneration Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $54.25. GRWG currently public float of 49.88M and currently shorts hold a 7.82% ratio of that float. Today, the average trading volume of GRWG was 1.63M shares.
GRWG’s Market Performance
GRWG stocks went up by 1.50% for the week, with a monthly drop of -16.31% and a quarterly performance of -41.60%, while its annual performance rate touched 34.41%. The volatility ratio for the week stands at 4.18% while the volatility levels for the past 30 days are set at 5.24% for GrowGeneration Corp.. The simple moving average for the period of the last 20 days is -14.77% for GRWG stocks with a simple moving average of -48.85% for the last 200 days.
Analysts’ Opinion of GRWG
Many brokerage firms have already submitted their reports for GRWG stocks, with ROTH Capital repeating the rating for GRWG by listing it as a “Buy.” The predicted price for GRWG in the upcoming period, according to ROTH Capital is $55 based on the research report published on May 14th of the current year 2021.
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see GRWG reach a price target of $45. The rating they have provided for GRWG stocks is “Buy” according to the report published on May 14th, 2021.
Alliance Global Partners gave a rating of “Buy” to GRWG, setting the target price at $55 in the report published on May 14th of the current year.
GRWG Trading at -28.63% from the 50-Day Moving Average
After a stumble in the market that brought GRWG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.25% of loss for the given period.
Volatility was left at 5.24%, however, over the last 30 days, the volatility rate increased by 4.18%, as shares sank -18.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.17% lower at present.
During the last 5 trading sessions, GRWG fell by -5.90%, which changed the moving average for the period of 200-days by -43.98% in comparison to the 20-day moving average, which settled at $25.00. In addition, GrowGeneration Corp. saw -40.95% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at GRWG starting from Aiello Stephen, who sale 25,000 shares at the price of $44.41 back on Jun 08. After this action, Aiello Stephen now owns 146,774 shares of GrowGeneration Corp., valued at $1,110,315 using the latest closing price.
Aiello Stephen, the Director of GrowGeneration Corp., sale 25,000 shares at $44.41 during a trade that took place back on Jun 08, which means that Aiello Stephen is holding 352,477 shares at $1,110,315 based on the most recent closing price.
Stock Fundamentals for GRWG
Current profitability levels for the company are sitting at:
- +4.36 for the present operating margin
- +20.70 for the gross margin
The net margin for GrowGeneration Corp. stands at +2.76. The total capital return value is set at 4.31, while invested capital returns managed to touch 2.76. Equity return is now at value 6.20, with 5.20 for asset returns.
Based on GrowGeneration Corp. (GRWG), the company’s capital structure generated 4.01 points at debt to equity in total, while total debt to capital is 3.86. Total debt to assets is 3.59, with long-term debt to equity ratio resting at 3.04. Finally, the long-term debt to capital ratio is 2.92.
When we switch over and look at the enterprise to sales, we see a ratio of 8.81, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 33.27 and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.15.