GRAIL Inc (NASDAQ:GRAL) price on Friday, June 13, fall -1.46% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $41.31.
A look at the stock’s price movement, the close in the last trading session was $41.92. Turning to its 52-week performance, $63.99 and $12.33 were the 52-week high and 52-week low respectively. Overall, GRAL moved 25.60% over the past month.
GRAIL Inc’s market cap currently stands at around $1.49 billion, with investors looking forward to this quarter’s earnings report slated for in July.
GRAL’s current price about 3.28% and 19.25% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.56, while 7-day volatility ratio is 4.58% and 3.85% in the 30-day chart. Further, GRAIL Inc (GRAL) has a beta value of 3.32, and an average true range (ATR) of 3.72. Analysts have given the company’s stock an average 52-week price target of $32, forecast between a low of $32 and high of $32. Looking at the price targets, the low is 22.54% off current price level while to achieve the yearly target high, price needs to move 22.54%. Nonetheless, investors will most likely welcome a 22.54% jump to $32 which is the analysts’ median price.
If we refocus on GRAIL Inc (NASDAQ:GRAL), historical trading data shows that trading volumes averaged 1.37 million over the past 3 months. The company’s latest data on shares outstanding shows there are 35.30 million shares.
The 17.21% of GRAIL Inc’s shares are in the hands of company insiders while institutional holders own 65.96% of the company’s shares. Current price change has pushed the stock 131.43% 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.
