GrowGeneration Corp (NASDAQ:GRWG) price on current trading day, rose 10.91% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.22.
A look at the stock’s price movement, the close in the last trading session was $1.10, moving within a range at $1.1 and $1.25. The beta value (5-Year monthly) was 3.383. Turning to its 52-week performance, $3.38 and $0.91 were the 52-week high and 52-week low respectively. Overall, GRWG moved -14.08% over the past month.
GrowGeneration Corp’s market cap currently stands at around $72.53 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-12.
Analysts have a consensus estimate of 39.63M for the company’s revenue for the quarter, with a low and high estimate of 39.3M and 40.23M respectively. The average forecast suggests down to a -17.24% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 173.65M, representing a -8.06% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GRWG is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 3 recommend GRWG as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GRWG’s current price about 6.17% and -9.58% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.38, while 7-day volatility ratio is 13.00% and 8.49% in the 30-day chart. Further, GrowGeneration Corp (GRWG) has a beta value of 3.43, and an average true range (ATR) of 0.10. Analysts have given the company’s stock an average 52-week price target of $4, forecast between a low of $3.5 and high of $5. Looking at the price targets, the low is -186.89% off current price level while to achieve the yearly target high, price needs to move -309.84%. Nonetheless, investors will most likely welcome a -227.87% jump to $4 which is the analysts’ median price.
If we refocus on GrowGeneration Corp (NASDAQ:GRWG), historical trading data shows that trading volumes averaged 0.9 over the past 10 days and 723.70K over the past 3 months. The company’s latest data on shares outstanding shows there are 59.24 million shares.
The 8.67% of GrowGeneration Corp’s shares are in the hands of company insiders while institutional holders own 41.18% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.0 million on 2025-02-28, giving us a short ratio of 4.39. The data shows that as of 2025-02-28 short interest in GrowGeneration Corp (GRWG) stood at 542.0 of shares outstanding, with shares short falling to 3.3 million registered in 2025-01-31. Current price change has pushed the stock -27.81% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GRWG stock continues to rise going into the next quarter.
