GrowGeneration Corp (GRWG) Stock: A SWOT Analysis

Company’s 36-month beta value is 3.03.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for GRWG is 57.14M, and currently, short sellers hold a 6.70% ratio of that floaft. The average trading volume of GRWG on April 03, 2024 was 1.07M shares.

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GRWG) stock’s latest price update

The stock price of GrowGeneration Corp (NASDAQ: GRWG) has jumped by 6.99 compared to previous close of 2.86. Despite this, the company has seen a gain of 10.47% in its stock price over the last five trading days. MarijuanaStocks reported 2024-03-30 that The US marijuana sector experienced significant momentum last week. Several top marijuana stocks showcased double-digit gains. This surge reflects growing investor interest in the industry. It comes amid evolving legal landscapes and consumer attitudes towards cannabis. As states continue to legalize marijuana for medical and recreational use, the sector’s growth potential becomes increasingly apparent. Investors are keenly watching these developments. They are identifying stocks that could lead in this expanding market.

GRWG’s Market Performance

GrowGeneration Corp (GRWG) has experienced a 10.47% rise in stock performance for the past week, with a 41.01% rise in the past month, and a 20.00% rise in the past quarter. The volatility ratio for the week is 12.55%, and the volatility levels for the past 30 days are at 9.23% for GRWG. The simple moving average for the past 20 days is 33.41% for GRWG’s stock, with a 12.41% simple moving average for the past 200 days.

Analysts’ Opinion of GRWG

Craig Hallum, on the other hand, stated in their research note that they expect to see GRWG reach a price target of $4.75, previously predicting the price at $4.25. The rating they have provided for GRWG stocks is “Buy” according to the report published on May 10th, 2023.

Alliance Global Partners gave a rating of “Neutral” to GRWG, setting the target price at $4.50 in the report published on August 05th of the previous year.

GRWG Trading at 34.42% 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 -38.80% of loss for the given period.

Volatility was left at 9.23%, however, over the last 30 days, the volatility rate increased by 12.55%, as shares surge +40.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.22% upper at present.

During the last 5 trading sessions, GRWG rose by +7.22%, which changed the moving average for the period of 200-days by -21.01% in comparison to the 20-day moving average, which settled at $2.34. In addition, GrowGeneration Corp saw 21.91% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at GRWG starting from Salaman Michael, who purchase 302,766 shares at the price of $2.35 back on Nov 15 ’23. After this action, Salaman Michael now owns 1,240,075 shares of GrowGeneration Corp, valued at $710,138 using the latest closing price.

Lampert Darren, the CEO of GrowGeneration Corp, purchase 21,000 shares at $2.36 during a trade that took place back on Nov 15 ’23, which means that Lampert Darren is holding 1,333,120 shares at $49,638 based on the most recent closing price.

Stock Fundamentals for GRWG

Current profitability levels for the company are sitting at:

  • -0.15 for the present operating margin
  • 0.25 for the gross margin

The net margin for GrowGeneration Corp stands at -0.2. The total capital return value is set at -0.13. Equity return is now at value -23.86, with -15.70 for asset returns.

Based on GrowGeneration Corp (GRWG), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is -66.18.

Currently, EBITDA for the company is -12.1 million with net debt to EBITDA at -0.92. When we switch over and look at the enterprise to sales, we see a ratio of 0.88. The receivables turnover for the company is 24.85for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.77.

Conclusion

In a nutshell, GrowGeneration Corp (GRWG) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.

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