, and the 36-month beta value for GRAB is at 0.91. Analysts have varying views on the stock, with 21 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 as “hold,” and 1 as “sell.”
The average price suggested by analysts for GRAB is $4.65, which is $1.14 above the current market price. The public float for GRAB is 2.72B, and currently, shorts hold a 3.91% of that float. The average trading volume for GRAB on September 18, 2023 was 18.35M shares.
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GRAB) stock’s latest price update
The stock of Grab Holdings Limited (NASDAQ: GRAB) has increased by 1.14 when compared to last closing price of 3.51. Despite this, the company has experienced a -4.57% fall in its stock price over the last five trading sessions. The Motley Fool reported 2023-09-16 that Sea’s e-commerce and gaming businesses face existential challenges. Grab continues to dominate the region’s mobility and delivery markets.
GRAB’s Market Performance
GRAB’s stock has fallen by -4.57% in the past week, with a monthly rise of 7.58% and a quarterly rise of 3.20%. The volatility ratio for the week is 2.82% while the volatility levels for the last 30 days are 3.67% for Grab Holdings Limited The simple moving average for the last 20 days is -2.04% for GRAB stock, with a simple moving average of 7.57% for the last 200 days.
Analysts’ Opinion of GRAB
Many brokerage firms have already submitted their reports for GRAB stocks, with Barclays repeating the rating for GRAB by listing it as a “Overweight.” The predicted price for GRAB in the upcoming period, according to Barclays is $4.50 based on the research report published on August 24, 2023 of the current year 2023.
GRAB Trading at -1.27% from the 50-Day Moving Average
After a stumble in the market that brought GRAB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.91% of loss for the given period.
Volatility was left at 3.67%, however, over the last 30 days, the volatility rate increased by 2.82%, as shares surge +8.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.93% upper at present.
During the last 5 trading sessions, GRAB fell by -4.57%, which changed the moving average for the period of 200-days by +26.79% in comparison to the 20-day moving average, which settled at $3.64. In addition, Grab Holdings Limited saw 10.25% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GRAB
Current profitability levels for the company are sitting at:
- -92.95 for the present operating margin
- +5.37 for the gross margin
The net margin for Grab Holdings Limited stands at -117.45. The total capital return value is set at -14.62, while invested capital returns managed to touch -19.11. Equity return is now at value -16.60, with -12.20 for asset returns.
Based on Grab Holdings Limited (GRAB), the company’s capital structure generated 20.67 points at debt to equity in total, while total debt to capital is 17.13. Total debt to assets is 14.89, with long-term debt to equity ratio resting at 18.90. Finally, the long-term debt to capital ratio is 15.66.
When we switch over and look at the enterprise to sales, we see a ratio of 5.14, with the company’s debt to enterprise value settled at 0.16. The receivables turnover for the company is 4.13 and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.19.
Conclusion
In conclusion, Grab Holdings Limited (GRAB) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
