GoodRx Holdings Inc (NASDAQ: GDRX) is 0.15% higher on its value in year-to-date trading and has touched a low of $4.14 and a high of $9.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GDRX stock was last observed hovering at around $6.72 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $6.71, the stock is -4.14% and -0.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing -0.15% at the moment leaves the stock 6.99% off its SMA200. GDRX registered 11.65% gain for a year compared to 6-month gain of 27.57%. The firm has a 50-day simple moving average (SMA 50) of $3.58 and a 200-day simple moving average (SMA200) of $24.71.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -11.83% loss in the last 1 month and extending the period to 3 months gives it a 24.95%, and is -4.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.23% over the week and 5.03% over the month.
GoodRx Holdings Inc (GDRX) has around 694 employees, a market worth around $2.65B and $750.26M in sales. Fwd P/E is 16.03. Profit margin for the company is -1.18%. Distance from 52-week low is 62.27% and -28.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.61%).
GoodRx Holdings Inc quarterly earnings per share for the current quarter are estimated at $0.07 with sales reaching $196.01M over the same period.The EPS is expected to grow by 31.14% this year, but quarterly earnings will post 6.70% year-over-year. Quarterly sales are estimated to grow 6.50% in year-over-year returns.
186 institutions hold shares in GoodRx Holdings Inc (GDRX), with institutional investors hold 69.92% of the company’s shares. The shares outstanding are 92.36M, and float is at 76.60M with Short Float at 12.86%. Institutions hold 61.60% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 8.5 million shares valued at $46.94 million. The investor’s holdings represent 10.11% of the GDRX Shares outstanding. As of Jun 29, 2023, the second largest holder is Silver Lake Group, LLC with 3.53 million shares valued at $19.5 million to account for 4.20% of the shares outstanding. The other top investors are Petrus Trust Company, LTA which holds 2.9 million shares representing 3.45% and valued at over $16.03 million, while Renaissance Technologies, LLC holds 2.97% of the shares totaling 2.5 million with a market value of $13.79 million.
GoodRx Holdings Inc (GDRX) Insider Activity
The most recent transaction is an insider purchase by Wagner Scott, the company’s. SEC filings show that Wagner Scott bought 21,652 shares of the company’s common stock on Nov 30 ’23 at a price of $5.76 per share for a total of $0.12 million. Following the purchase, the insider now owns 0.18 million shares.
GoodRx Holdings Inc disclosed in a document filed with the SEC on Nov 29 ’23 that Wagner Scott () bought a total of 26,348 shares of the company’s common stock. The trade occurred on Nov 29 ’23 and was made at $5.90 per share for $0.16 million. Following the transaction, the insider now directly holds 0.16 million shares of the GDRX stock.
Still, SEC filings show that on Nov 28 ’23, Wagner Scott () acquired 4,157 shares at an average price of $6.00 for $24940.0. The insider now directly holds 134,900 shares of GoodRx Holdings Inc (GDRX).
