With 0.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.68 million shares. The 52-week range on GRWG shows that it touched its highest point at $3.38 and its lowest point at $1.05 during that stretch. It currently has a 1-year price target of $3.25. Beta for the stock currently stands at 3.52.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GRWG was down-trending over the past week, with a drop of -8.20%, but this was down by -20.00% over a month. Three-month performance dropped to -42.56% while six-month performance fell -42.86%. The stock lost -47.66% in the past year, while it has lost -33.73% so far this year. A look at the trailing 12-month EPS for GRWG yields -0.88 with Next year EPS estimates of -0.33. For the next quarter, that number is -0.18. This implies an EPS growth rate of 20.72% for this year and 46.06% for next year. EPS is expected to grow by 28.31% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -28.61%.
Float and Shares Shorts:
At present, 59.24 million GRWG shares are outstanding with a float of 54.11 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GRWG since 6 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.59211 being high and -$0.61289 being low. For GRWG, this leads to a yearly average estimate of -$0.6025. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
Summary of Insider Activity:
Insiders traded GRWG stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
