Grom Social Enterprises Inc. (NASDAQ:GROM) went up by 29.07% from its latest closing price compared to the recent 1-year high of $57.90. The company’s stock price has collected 38.75% of gains in the last five trading sessions. The Wall Street Journal reported on 09/30/21 that Virgin Galactic, Camber Energy, Bed Bath & Beyond, Jefferies: What to Watch When the Stock Market Opens Today
Is It Worth Investing in Grom Social Enterprises Inc. (NASDAQ :GROM) Right Now?
Plus, the 36-month beta value for GROM is at 0.45. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Grom Social Enterprises Inc. 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 $1.50, which is $42.78 above the current price. GROM currently public float of 1.95M and currently shorts hold a 20.96% ratio of that float. Today, the average trading volume of GROM was 1.11M shares.
GROM’s Market Performance
GROM stocks went up by 38.75% for the week, with a monthly jump of 88.14% and a quarterly performance of -76.11%, while its annual performance rate touched -96.19%. The volatility ratio for the week stands at 31.50% while the volatility levels for the past 30 days are set at 26.06% for Grom Social Enterprises Inc. The simple moving average for the period of the last 20 days is 48.88% for GROM stocks with a simple moving average of -81.29% for the last 200 days.
GROM Trading at -29.12% from the 50-Day Moving Average
After a stumble in the market that brought GROM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.17% of loss for the given period.
Volatility was left at 26.06%, however, over the last 30 days, the volatility rate increased by 31.50%, as shares surge +47.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -74.01% lower at present.
During the last 5 trading sessions, GROM rose by +38.75%, which changed the moving average for the period of 200-days by -93.02% in comparison to the 20-day moving average, which settled at $1.5300. In addition, Grom Social Enterprises Inc. saw 44.16% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GROM
Current profitability levels for the company are sitting at:
- -103.05 for the present operating margin
- +33.27 for the gross margin
The net margin for Grom Social Enterprises Inc. stands at -161.22. Equity return is now at value -54.30, with -34.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.