Grab Holdings Limited (NASDAQ: GRAB) is 3.18% higher on its value in year-to-date trading and has touched a low of $2.90 and a high of $5.72 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 GRAB stock was last observed hovering at around $4.81 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $4.87, the stock is -2.70% and 0.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 22.31 million and changing 1.25% at the moment leaves the stock 27.48% off its SMA200. GRAB registered 49.85% gain for a year compared to 6-month gain of 37.18%. The firm has a 50-day simple moving average (SMA 50) of $4.8228 and a 200-day simple moving average (SMA200) of $3.8118.
The stock witnessed a -8.29% loss in the last 1 month and extending the period to 3 months gives it a 32.34%, and is 1.25% up 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 2.82% over the week and 3.56% over the month.
Grab Holdings Limited (GRAB) has around 10604 employees, a market worth around $19.57B and $2.69B in sales. Fwd P/E is 114.19. Profit margin for the company is -3.57%. Distance from 52-week low is 67.93% and -14.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.46%).
The EPS is expected to grow by 69.96% this year.
Grab Holdings Limited (GRAB) Top Institutional Holders
The shares outstanding are 3.91B, and float is at 2.37B with Short Float at 4.14%.
The top institutional shareholder in the company is SB INVESTMENT ADVISERS (UK) LTD with over 401.8 million shares valued at $1.43 billion. The investor’s holdings represent 10.2099% of the GRAB Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 198.42 million shares valued at $$704.39 million to account for 5.042 of the shares outstanding. The other top investors are MUFG BANK, LTD. which holds 142.91 million shares representing 3.6315% and valued at over $507.34 million, while WELLINGTON MANAGEMENT GROUP LLP holds 2.7861 of the shares totaling 109.64 million with a market value of $389.23 million.
Grab Holdings Limited (GRAB) Insider Activity
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Still, SEC filings show that on Nov 27 ’24, SUTHEN THOMAS PARADATHETH (Officer) Proposed Sale 200,000 shares at an average price of $5.26 for $1.05 million. The insider now directly holds shares of Grab Holdings Limited (GRAB).
