Grifols SA ADR (NASDAQ:GRFS) shares, rose in value on Friday, December 13, with the stock price down by -3.55% to the previous day’s close as strong demand from buyers drove the stock to $7.33.
Actively observing the price movement in the last trading, the stock closed the session at $7.60, falling within a range of $7.29 and $7.59. The value of beta (5-year monthly) was 0.692 whereas the PE ratio was 29.23 over 12-month period. Referring to stock’s 52-week performance, its high was $12.15, and the low was $5.30. On the whole, GRFS has fluctuated by -19.36% over the past month.
With the market capitalization of Grifols SA ADR currently standing at about $1.89 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.13B, with a low estimate of 1.86B and a high estimate of 1.86B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.86B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GRFS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.48, with the price of GRFS currently trading nearly -7.51% and -13.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.23, while the 7-day volatility ratio is showing 4.28% which for the 30-day chart, stands at 4.17%. Furthermore, Grifols SA ADR (GRFS)’s beta value is 0.42, and its average true range (ATR) is 0.39.
A comparison of Grifols SA ADR (GRFS) with its peers suggests the former has fared considerably weaker in the market. GRFS showed an intraday change of -3.55% in last session, and over the past year, it shrunk by -30.12%%.
Data on historical trading for Grifols SA ADR (NASDAQ:GRFS) indicates that the trading volumes over the past 10 days have averaged 1.55 and over the past 3 months, they’ve averaged 996.61K. According to company’s latest data on outstanding shares, there are 257.44 million shares outstanding.
Nearly 0.06% of Grifols SA ADR’s shares belong to company insiders and institutional investors own 55.44% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.83 million shares as on 2024-11-29, resulting in a short ratio of 2.83. The stock has fallen by -36.59% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GRFS stock heading into the next quarter.
