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GoodRx Holdings Inc (GDRX) Stock Could Soon Reward Patient Investors

GoodRx Holdings Inc (NASDAQ: GDRX) is -2.24% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GDRX stock was last observed hovering at around $6.83 in the last trading session, with the day’s loss setting it -0.28%.

Currently trading at $6.55, the stock is -4.35% and -4.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing -4.10% at the moment leaves the stock 3.69% off its SMA200. GDRX registered 5.65% gain for a year compared to 6-month gain of 20.85%.

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The stock witnessed a -3.25% loss in the last 1 month and extending the period to 3 months gives it a -1.36%, and is -4.24% 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 4.69% over the week and 4.92% over the month.

GoodRx Holdings Inc (GDRX) has around 694 employees, a market worth around $2.59B and $750.26M in sales. Fwd P/E is 15.65. Profit margin for the company is -1.18%. Distance from 52-week low is 58.40% and -30.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.61%).

The EPS is expected to grow by 31.14% this year.

GoodRx Holdings Inc (GDRX) Top Institutional Holders

The shares outstanding are 92.36M, and float is at 76.75M with Short Float at 12.02%.

GoodRx Holdings Inc (GDRX) Insider Activity

The most recent transaction is an insider purchase by Wagner Scott. 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 Scottbought 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).

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