Analysts Discuss GRAIL Inc’s (GRAL) Potential

GRAIL Inc (NASDAQ:GRAL) concluded the trading at $52.60 on Wednesday, February 19 with a rise of 11.61% from its closing price on previous day.

Considering stock’s 52-week price range provides that GRAL hit a high price of $63.99 and saw its price falling to a low level of $12.33 during that period. Over a period of past 1-month, stock came adding 201.95% in its value.

With its current market valuation of $1.77 billion, GRAIL Inc is set to declare its quarterly results in March. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.

Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 34.4M. They suggested that in the process company could generate revenue of as low as 32M which could climb up to 36.8M to hit a high.

Digging deeper we become aware of the PEG ratio of the GRAL stock which is currently positioned at 0. It further provides that stock’s current price level is 52.79% away from its 20-day simple moving average and is 107.23% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 72.89 while volatility remained at 25.41% over the past week which changes to 16.51% when measuring it over the past month. Average true range or ATR is currently at 5.41.

The percentage of outstanding shares held by the insiders is 16.55% while it is 79.15% for the institutional holders. Addition of 194.68% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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