GRAIL Inc (NASDAQ:GRAL) price closed lower on Tuesday, April 29, and dropping -0.26% below its previous close.
A look at the daily price movement shows that the last close reads $36.90, with intraday deals fluctuated between $34.04 and $37.35. Taking into account the 52-week price action we note that the stock hit a 52-week high of $63.99 and 52-week low of $12.33. The stock added 36.67% on its value in the past month.
GRAIL Inc, which has a market valuation of $1.30 billion, is expected to release its quarterly earnings report in May.
On average, analysts have forecast the company’s revenue for the quarter will hit 35.2M, with the likely lows of 34M and highs of 36M. Staying with the analyst view, there is a consensus estimate of 152.33M for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow 21.29% above that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give GRAL a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that GRAL’s price is at present 32.06% off the SMA20 and 14.69% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 65.32, with weekly volatility standing at 10.26%. The indicator jumps to 11.54% when calculated based on the past 30 days. GRAIL Inc (NASDAQ:GRAL)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 3.42. Considering analysts have assigned the stock a price target range of $32-$32 as the low and high respectively, we find the trailing 12-month average consensus price target to be $32. Based on this estimate, we see that current price is roughly 13.07% off the estimated low and 13.07% off the forecast high. Investors will no doubt be excited to see the share price rise to $32, which is the median consensus price, and at that level GRAL would be 13.07% from current price.
An analysis of the GRAIL Inc (NASDAQ:GRAL) stock in terms of its daily trading volume indicates that the 3-month average is 1.52 million. However, this figure increases on the past 10-day timeline to an average of 1.2 million.
Current records show that the company has 33.89M in outstanding shares. The insiders’ percentage holdings are 17.92% of outstanding shares while the percentage share held by institutions stands at 77.54%. The stats also highlight that short interest as of 2025-04-15, stood at 5.38 million shares, which puts the short ratio at the time at 4.59. From this we can glean that short interest is 1762.00 of company’s current outstanding shares. Notably, we see that shares short in April rose slightly given the previous month’s figure stood at 3.47 million. But the 106.19% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
