GRAIL Inc (NASDAQ:GRAL) price on Thursday, January 16, fall -1.00% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $17.41.
A look at the stock’s price movement, the close in the last trading session was $17.58, moving within a range at $16.56 and $18.68. Turning to its 52-week performance, $24.92 and $12.33 were the 52-week high and 52-week low respectively. Overall, GRAL moved -21.46% over the past month.
GRAIL Inc’s market cap currently stands at around $584.82 million, with investors looking forward to this quarter’s earnings report slated for in February.
Analysts have a consensus estimate of 31.9M for the company’s revenue for the quarter, with a low and high estimate of 31.8M and 32M respectively.
GRAL’s current price about -6.47% and -3.08% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.39, while 7-day volatility ratio is 10.79% and 10.71% in the 30-day chart. Further, GRAIL Inc (GRAL) has a beta value of 0, and an average true range (ATR) of 1.73.
If we refocus on GRAIL Inc (NASDAQ:GRAL), historical trading data shows that trading volumes averaged 0.7 over the past 10 days and 798.66K over the past 3 months. The company’s latest data on shares outstanding shows there are 33.20 million shares.
The 14.25% of GRAIL Inc’s shares are in the hands of company insiders while institutional holders own 67.17% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.81 million on 2024-12-31, giving us a short ratio of 5.48. Current price change has pushed the stock -2.49% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GRAL stock continues to rise going into the next quarter.
