Grifols SA ADR (NASDAQ:GRFS) price on current trading day, rose 1.65% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $9.26.
A look at the stock’s price movement, the close in the last trading session was $9.11, moving within a range at $9.11 and $9.345. The beta value (5-Year monthly) was 0.722 while the PE ratio in trailing twelve months stood at 36.92. Turning to its 52-week performance, $12.15 and $5.30 were the 52-week high and 52-week low respectively. Overall, GRFS moved 34.01% over the past month.
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Grifols SA ADR’s market cap currently stands at around $2.38 billion, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-07.
Analysts have a consensus estimate of 1.91B for the company’s revenue for the quarter, with a low and high estimate of 1.88B and 1.93B respectively. The average forecast suggests up to a 9.30% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 7.96B, representing a 10.80% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GRFS is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 0 recommend GRFS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
The technical evaluation for the stock shows the PEG ratio is 0.60, with GRFS’s current price about 9.17% and 15.39% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 63.35, while 7-day volatility ratio is 3.09% and 4.20% in the 30-day chart. Further, Grifols SA ADR (GRFS) has a beta value of 0.50, and an average true range (ATR) of 0.41.
If we refocus on Grifols SA ADR (NASDAQ:GRFS), historical trading data shows that trading volumes averaged 1.52 over the past 10 days and 1.76 million over the past 3 months. The company’s latest data on shares outstanding shows there are 257.44 million shares.
The 0.06% of Grifols SA ADR’s shares are in the hands of company insiders while institutional holders own 57.21% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.53 million on 2024-08-30, giving us a short ratio of 2.92. Current price change has pushed the stock -19.90% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GRFS stock continues to rise going into the next quarter.
