GRI Bio Inc (NASDAQ: GRI) is -88.14% lower on its value in year-to-date trading and has touched a low of $2.00 and a high of $165.73 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 GRI stock was last observed hovering at around $2.02 in the last trading session, with the day’s loss setting it -0.35%.
Currently trading at $1.67, the stock is -71.17% and -78.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.47 million and changing -17.33% at the moment leaves the stock -87.52% off its SMA200. GRI registered -98.99% loss for a year compared to 6-month gain of -72.79%. The firm has a 50-day simple moving average (SMA 50) of $7.72616 and a 200-day simple moving average (SMA200) of $13.38155.
The stock witnessed a -76.24% loss in the last 1 month and extending the period to 3 months gives it a -87.69%, and is -71.93% 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 126.77% over the week and 40.72% over the month.
GRI Bio Inc (GRI) has around 4 employees, a market worth around $0.88M and $0.00M in sales. Distance from 52-week low is -16.50% and -98.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-246.62%).
8.0 institutions hold shares in GRI Bio Inc (GRI), with institutional investors hold 2.51% of the company’s shares. The shares outstanding are 0.53M, and float is at 0.53M with Short Float at 3.67%. Institutions hold 2.51% of the Float.
