Currently, there are 3.95B common shares owned by the public and among those 2.37B shares have been available to trade.
The company’s stock has a 5-day price change of -1.21% and -1.80% over the past three months. GRAB shares are trading 3.81% year to date (YTD), with the 12-month market performance up to 40.40% higher. It has a 12-month low price of $2.98 and touched a high of $5.72 over the same period. GRAB has an average intraday trading volume of 33.63 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.10%, 1.67%, and 21.45% respectively.
Institutional ownership of Grab Holdings Limited (NASDAQ: GRAB) shares accounts for 47.23% of the company’s 3.95B shares outstanding.
It has a market capitalization of $19.39B and a beta (3y monthly) value of 0.90. The earnings-per-share (ttm) stands at -$0.02. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.40% over the week and 5.08% over the month.
Earnings per share for the fiscal year are expected to increase by 323.35%, and 98.85% over the next financial year.
Looking at the support for the GRAB, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on February 21, 2025, with the firm’s price target at $5.60. JP Morgan was of a view on February 05, 2025 that the stock is Neutral, while HSBC Securities gave the stock Buy rating on February 04, 2025, issuing a price target of $5.50- $5.45. BofA Securities on their part issued Neutral rating on January 07, 2025.
