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GRFS Stock Forecast: All the More Reason to Consider Grifols SA ADR (GRFS) Now

Grifols SA ADR (NASDAQ: GRFS) is -4.57% lower on its value in year-to-date trading and has touched a low of $5.79 and a high of $9.96 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 GRFS stock was last observed hovering at around $7.30 in the last trading session, with the day’s loss setting it -0.2%.

Currently trading at $7.10, the stock is -0.40% and -4.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -2.74% at the moment leaves the stock -10.12% off its SMA200. GRFS registered 4.41% gain for a year compared to 6-month loss of -23.57%.

The stock witnessed a 2.45% gain in the last 1 month and extending the period to 3 months gives it a -0.28%, and is -3.40% 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 2.86% over the week and 3.13% over the month.

Fwd P/E is 6.57. Distance from 52-week low is 22.63% and -28.71% from its 52-week high.

The EPS is expected to grow by 17.17% this year.

Grifols SA ADR (GRFS) Top Institutional Holders

The shares outstanding are 258.22M, and float is at 258.07M with Short Float at 1.26%.

The top institutional shareholder in the company is CAPITAL WORLD INVESTORS with over 20.89 million shares valued at $131.71 million. The investor’s holdings represent 2.8151% of the GRFS Shares outstanding. As of 2024-06-30, the second largest holder is BRANDES INVESTMENT PARTNERS, LP with 18.6 million shares valued at $117.24 million to account for 2.5061 of the shares outstanding. The other top investors are PERMIAN INVESTMENT PARTNERS, LP which holds 14.1 million shares representing 1.8997% and valued at over $88.88 million, while MILLENNIUM MANAGEMENT LLC holds 1.8765 of the shares totaling 13.92 million with a market value of $87.79 million.

Grifols SA ADR (GRFS) Insider Activity

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