GRI Bio Inc [NASDAQ: GRI] traded at a low on Thursday, posting a -9.42 loss after which it closed the day’ session at $1.25.
The results of the trading session contributed to over 4029308 shares changing hands. Over the past one week, the price volatility of GRI Bio Inc stands at 5.75% while the volatility over the past one month is 6.09%.
The market cap for GRI stock reached $2.68 million, with 2.14 million shares outstanding and 2.14 million shares in the current float. Compared to the average trading volume of 421.69K shares, GRI reached a trading volume of 4029308 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about GRI Bio Inc [GRI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GRI shares is $25.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GRI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for GRI Bio Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 09, 2024.
The Average True Range (ATR) for GRI Bio Inc is set at 0.32 The Price to Book ratio for the last quarter was 0.54, with the Price to Cash per share for the same quarter was set at 1.53.
How has GRI stock performed recently?
GRI Bio Inc [GRI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.79. With this latest performance, GRI shares dropped by -32.07% in over the last four-week period, additionally sinking by -89.31% over the last 6 months – not to mention a drop of -98.68% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GRI stock in for the last two-week period is set at 30.47, with the RSI for the last a single of trading hit 28.14, and the three-weeks RSI is set at 31.28 for GRI Bio Inc [GRI]. The present Moving Average for the last 50 days of trading for this stock 2.7801, while it was recorded at 1.3960 for the last single week of trading, and 8.5409 for the last 200 days.
GRI Bio Inc [GRI]: Deeper insight into the fundamentals
GRI Bio Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.41 and a Current Ratio set at 1.41.
Earnings analysis for GRI Bio Inc [GRI]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GRI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for GRI Bio Inc go to 82.63%.
