Grifols SA ADR (NASDAQ:GRFS) shares, rose in value, with the stock price up by 1.75% to the previous day’s close as strong demand from buyers drove the stock to $6.38.
Actively observing the price movement in the last trading, the stock closed the session at $6.27. The PE ratio was 25.44 over 12-month period. Referring to stock’s 52-week performance, its high was $12.15, and the low was $5.30. On the whole, GRFS has fluctuated by -4.06% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.56B, with a low estimate of 1.8B and a high estimate of 1.8B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.8B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GRFS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.79, with the price of GRFS currently trading nearly -4.63% and -8.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.00, while the 7-day volatility ratio is showing 2.97% which for the 30-day chart, stands at 3.44%. Furthermore, Grifols SA ADR (GRFS)’s beta value is 0.57, and its average true range (ATR) is 0.31.
A comparison of Grifols SA ADR (GRFS) with its peers suggests the former has fared considerably weaker in the market. GRFS showed an intraday change of 1.75% in last session, and over the past year, it shrunk by -11.39%%.
Data on historical trading for Grifols SA ADR (NASDAQ:GRFS) indicates that the trading volumes over the past 3 months, they’ve averaged 2.15 million. According to company’s latest data on outstanding shares, there are 256.91 million shares outstanding.
Nearly 0.06% of Grifols SA ADR’s shares belong to company insiders and institutional investors own 48.48% of the company’s shares. The stock has fallen by -44.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GRFS stock heading into the next quarter.
