Grab Holdings Limited (NASDAQ:GRAB) shares, rose in value, with the stock price up by 1.15% to the previous day’s close as strong demand from buyers drove the stock to $4.84.
Actively observing the price movement in the recent trading, the stock is buoying the session at $4.78, falling within a range of $4.69 and $4.85. The value of beta (5-year monthly) is 0.88. Referring to stock’s 52-week performance, its high was $5.72, and the low was $2.98. On the whole, GRAB has fluctuated by -0.72% over the past month.
With the market capitalization of Grab Holdings Limited currently standing at about $19.70 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-18.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.39B, with a low estimate of 745M and a high estimate of 781.15M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 766.15M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GRAB’s technical picture suggests that short-term indicators denote the stock is a Hold 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 100% Buy.
The stock’s technical analysis shows that the price of GRAB currently trading nearly 5.85% and 3.43% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.05, while the 7-day volatility ratio is showing 3.85% which for the 30-day chart, stands at 4.73%. Furthermore, Grab Holdings Limited (GRAB)’s beta value is 0.86, and its average true range (ATR) is 0.23.
A comparison of Grab Holdings Limited (GRAB) with its peers suggests the former has fared considerably weaker in the market. GRAB showed an intraday change of 1.15% in today’s session so far, and over the past year, it grew by 53.98%%.
Data on historical trading for Grab Holdings Limited (NASDAQ:GRAB) indicates that the trading volumes over the past 10 days have averaged 27.27 and over the past 3 months, they’ve averaged 35.05 million. According to company’s latest data on outstanding shares, there are 3.95 billion shares outstanding.
Nearly 40.07% of Grab Holdings Limited’s shares belong to company insiders and institutional investors own 45.87% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 129.68 million shares as on 2025-03-14, resulting in a short ratio of 2.71. According to the data, the short interest in Grab Holdings Limited (GRAB) stood at 379.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 120.68 million. The stock has risen by 2.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GRAB stock heading into the next quarter.
