The stock of Grab Holdings Limited (GRAB) has seen a -1.82% decrease in the past week, with a -3.00% drop in the past month, and a -0.31% decrease in the past quarter. The volatility ratio for the week is 4.31%, and the volatility levels for the past 30 days are at 3.34% for GRAB. The simple moving average for the past 20 days is 0.86% for GRAB’s stock, with a -2.06% simple moving average for the past 200 days.
Is It Worth Investing in Grab Holdings Limited (NASDAQ: GRAB) Right Now?
Additionally, the 36-month beta value for GRAB is 0.99. There are mixed opinions on the stock, with 21 analysts rating it as a “buy,” 4 rating it as “overweight,” 1 rating it as “hold,” and 1 rating it as “sell.”
The average price predicted by analysts for GRAB is $4.71, which is $1.48 above the current price. The public float for GRAB is 1.92B and currently, short sellers hold a 4.40% ratio of that float. The average trading volume of GRAB on November 16, 2023 was 19.30M shares.
GRAB) stock’s latest price update
Grab Holdings Limited (NASDAQ: GRAB) has experienced a decline in its stock price by -5.56 compared to its previous closing price of 3.42. However, the company has seen a fall of -1.82% in its stock price over the last five trading days. PYMNTS reported 2023-11-09 that Singapore’s Grab has logged its first profit on an adjusted basis as it looks to expand. The ride-hailing and delivery giant shared that news as it released quarterly earnings on Thursday (Nov. 9).
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 -4.41% 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 -19.85% of loss for the given period.
Volatility was left at 3.34%, however, over the last 30 days, the volatility rate increased by 4.31%, as shares sank -0.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.66% lower at present.
During the last 5 trading sessions, GRAB rose by +0.15%, which changed the moving average for the period of 200-days by -11.42% in comparison to the 20-day moving average, which settled at $3.20. In addition, Grab Holdings Limited saw 0.31% 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 -13.02, with -9.16 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 4.19, 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.
In conclusion, Grab Holdings Limited (GRAB) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as 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..