Grab Holdings Limited (NASDAQ: GRAB) is -3.39% lower on its value in year-to-date trading and has touched a low of $2.98 and a high of $5.72 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 GRAB stock was last observed hovering at around $4.44 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $4.56, the stock is -1.21% and -7.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.96 million and changing 2.70% at the moment leaves the stock 16.53% off its SMA200. GRAB registered 44.30% gain for a year compared to 6-month gain of 36.94%. The firm has a 50-day simple moving average (SMA 50) of $4.9346 and a 200-day simple moving average (SMA200) of $3.9071.
The stock witnessed a -7.69% loss in the last 1 month and extending the period to 3 months gives it a 10.41%, and is -1.08% 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 3.17% over the week and 3.45% over the month.
Grab Holdings Limited (GRAB) has around 10604 employees, a market worth around $18.06B and $2.69B in sales. Fwd P/E is 109.88. Profit margin for the company is -3.57%. Distance from 52-week low is 53.02% and -20.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.46%).
with sales reaching $759.28M over the same period.The EPS is expected to grow by 78.20% this year, but quarterly earnings will post 18.84% year-over-year. Quarterly sales are estimated to grow 16.28% in year-over-year returns.
Grab Holdings Limited (GRAB) Top Institutional Holders
The shares outstanding are 3.91B, and float is at 2.37B with Short Float at 4.84%.
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 Jan 08 ’25, ONG CHIN YIN (Officer) Proposed Sale 38,000 shares at an average price of $4.74 for $0.18 million. The insider now directly holds shares of Grab Holdings Limited (GRAB).
