The price of Grocery Outlet Holding Corp (NASDAQ:GO) shares last traded on Wall Street fell -6.12% to $15.33.
GO stock price is now 10.96% away from the 50-day moving average and -7.21% away from the 200-day moving average. The market capitalization of the company currently stands at $1.50B.
With the price target maintained at $18, Jefferies recently Upgraded its rating from Hold to Buy for Grocery Outlet Holding Corp (NASDAQ: GO). On February 26, 2025, Deutsche Bank Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $12, while ‘TD Cowen’ rates the stock as ‘Hold’
In other news, Bortner Andrea Renee, insider sold 1,931 shares of the company’s stock on Apr 02 ’25. The stock was sold for $26,628 at an average price of $13.79. Upon completion of the transaction, the insider now directly owns 27,106 shares in the company, valued at $0.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 02 ’25, Officer Bortner Andrea Renee bought 1,931 shares of the business’s stock. A total of $26,628 was incurred on buying the stock at an average price of $13.79. A total of 5.16% of the company’s stock is owned by insiders.
During the past 12 months, Grocery Outlet Holding Corp has had a low of $10.26 and a high of $26.20. As of last week, the company has a debt-to-equity ratio of 1.48, a current ratio of 1.25, and a quick ratio of 0.25.
The net profit margin was 0.39% and return on equity was 1.43% for GO. The company reported revenue of $1.1 billion for the quarter, compared to $989.82 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.91 percent.