GRI Bio Inc (GRI) Outlook Starting To Look Brighter?

GRI Bio Inc (GRI) concluded trading on Thursady at a closing price of $0.85, with 7.75 million shares of worth about $6.59 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -95.50% during that period and on Thursady the price saw a loss of about -11.98%. Currently the company’s 0.88M shares are available for trading.

However, the stock later moved at a day high price of 1.0500, or with a loss of -11.98%. Stock saw a price change of -23.18% in past 5 days and over the past one month there was a price change of -56.42%. Year-to-date (YTD), GRI shares are showing a performance of -68.64% which decreased to -99.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.96 but also hit the highest price of $150.02 during that period. The average intraday trading volume for GRI Bio Inc shares is 572.90K. The stock is currently trading -44.25% below its 20-day simple moving average (SMA20), while that difference is down -59.89% for SMA50 and it goes to -94.84% lower than SMA200.

The stock has a current market capitalization of $0.83M and its 3Y-monthly beta is at -1.70. It has posted earnings per share of -$85.13 in the same period. It has Quick Ratio of 2.01 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GRI, volatility over the week remained 13.35% while standing at 33.93% over the month.

Analysts are in expectations that GRI Bio Inc (GRI) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same.

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