The price of Grab Holdings Limited (NASDAQ:GRAB) shares last traded on Wall Street fell -10.24% to $4.12.
GRAB stock price is now -12.76% away from the 50-day moving average and 0.61% away from the 200-day moving average. The market capitalization of the company currently stands at $16.30B.
With the price target maintained at $5.60, JP Morgan recently Upgraded its rating from Neutral to Overweight for Grab Holdings Limited (NASDAQ: GRAB). , while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, ANTHONY PING YEOW TAN, Director bought 50,000 shares of the company’s stock on Mar 10 ’25. The stock was bought for $229,500 at an average price of $4.59. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 12 ’25, Officer SUTHEN THOMAS PARADATHETH bought 23,641 shares of the business’s stock. A total of $113,004 was incurred on buying the stock at an average price of $4.78. A total of 40.05% of the company’s stock is owned by insiders.
During the past 12 months, Grab Holdings Limited has had a low of $2.98 and a high of $5.72. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 2.53, and a quick ratio of 2.51.
The net profit margin was -3.72% and return on equity was -1.62% for GRAB. The company reported revenue of $716.0 million for the quarter, compared to $615.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.42 percent.
