GRAIL Inc (NASDAQ:GRAL) shares, rose in value on Wednesday, March 26, with the stock price down by -9.01% to the previous day’s close as strong demand from buyers drove the stock to $28.39.
Actively observing the price movement in the last trading, the stock closed the session at $31.20, falling within a range of $28.17 and $31.6. Referring to stock’s 52-week performance, its high was $63.99, and the low was $12.33. On the whole, GRAL has fluctuated by -34.15% over the past month.
With the market capitalization of GRAIL Inc currently standing at about $962.28 million, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 153.48M, with a low estimate of 35.6M and a high estimate of 36M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 35.8M.
The stock’s technical analysis shows that the price of GRAL currently trading nearly -12.05% and -13.65% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.93, while the 7-day volatility ratio is showing 10.31% which for the 30-day chart, stands at 12.83%. Furthermore, GRAIL Inc (GRAL)’s average true range (ATR) is 4.20.
Data on historical trading for GRAIL Inc (NASDAQ:GRAL) indicates that the trading volumes over the past 10 days have averaged 1.19 and over the past 3 months, they’ve averaged 1.44 million. According to company’s latest data on outstanding shares, there are 33.89 million shares outstanding.
Nearly 18.82% of GRAIL Inc’s shares belong to company insiders and institutional investors own 78.89% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.47 million shares as on 2025-03-14, resulting in a short ratio of 1.71. The stock has risen by 59.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GRAL stock heading into the next quarter.
