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Grab Holdings Limited (GRAB) Looks Ready for Growth Despite -5.72% Change This Year

Grab Holdings Limited (NASDAQ: GRAB) is -5.72% 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 $4.40 in the last trading session, with the day’s gains setting it 0.05%.

Currently trading at $4.45, the stock is -4.77% and -4.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.52 million and changing 1.14% at the moment leaves the stock 8.24% off its SMA200. GRAB registered 37.77% gain for a year compared to 6-month gain of 28.99%. The firm has a 50-day simple moving average (SMA 50) of $4.6715 and a 200-day simple moving average (SMA200) of $4.111375.

The stock witnessed a -10.28% loss in the last 1 month and extending the period to 3 months gives it a -17.59%, and is 8.01% 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 4.59% over the week and 5.68% over the month.

Grab Holdings Limited (GRAB) has around 10604 employees, a market worth around $17.61B and $2.80B in sales. Fwd P/E is 38.67. Profit margin for the company is -3.72%. Distance from 52-week low is 49.33% and -22.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.57%).

with sales reaching $766.15M over the same period.The EPS is expected to grow by 297.47% this year, but quarterly earnings will post 21.19% year-over-year. Quarterly sales are estimated to grow 17.33% in year-over-year returns.

Grab Holdings Limited (GRAB) Top Institutional Holders

673.0 institutions hold shares in Grab Holdings Limited (GRAB), with institutional investors hold 77.86% of the company’s shares. The shares outstanding are 3.95B, and float is at 2.37B with Short Float at 5.40%. Institutions hold 60.31% of the Float.

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 10.1342% 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 5.0046 of the shares outstanding. The other top investors are MUFG BANK, LTD. which holds 142.91 million shares representing 3.6046% and valued at over $507.34 million, while WELLINGTON MANAGEMENT GROUP LLP holds 2.7654 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 Mar 10 ’25, ANTHONY PING YEOW TAN (Director) Proposed Sale 50,000 shares at an average price of $4.59 for $0.23 million. The insider now directly holds shares of Grab Holdings Limited (GRAB).

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