Grifols SA ADR (NASDAQ:GRFS) price on current trading day, rose 5.98% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $8.41.
A look at the stock’s price movement, the level at last check in today’s session was $7.94. The PE ratio in trailing twelve months stood at 33.55. Turning to its 52-week performance, $9.96 and $5.30 were the 52-week high and 52-week low respectively. Overall, GRFS moved 17.04% over the past month.
Grifols SA ADR’s market cap currently stands at around $2.17 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 7.73B, representing a 7.18% 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 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% 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 1.10, with GRFS’s current price about 15.84% and 13.74% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 70.31, while 7-day volatility ratio is 6.02% and 3.71% in the 30-day chart. Further, Grifols SA ADR (GRFS) has a beta value of 0.37, and an average true range (ATR) of 0.36.
If we refocus on Grifols SA ADR (NASDAQ:GRFS), historical trading data shows that trading volumes averaged 978.69K over the past 3 months. The company’s latest data on shares outstanding shows there are 257.44 million shares.
The 0.23% of Grifols SA ADR’s shares are in the hands of company insiders while institutional holders own 55.86% of the company’s shares. Current price change has pushed the stock 13.10% 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.
