Grindr Inc [GRND] stock is trading at $9.48, up 1.39%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GRND shares have gain 13.81% over the last week, with a monthly amount glided 15.47%, and seem to be holding up well over a long-time horizon.
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On 11, March 2024, Grindr to Participate in the 36th Annual ROTH Conference. In a post published today on Yahoo Finance, Grindr Inc. (NYSE: GRND), the world’s largest social network for the LGBTQ community, today announced that Vanna Krantz, Grindr’s chief financial officer, will participate in a fireside chat at the upcoming 36th Annual ROTH Conference in Dana Point, CA on Monday, March 18, 2024 at 2:00 PM PT.
From an analyst’s perspective:
Grindr Inc [GRND] stock has fluctuated between $4.49 and $9.67 over the past year. Grindr Inc [NYSE: GRND] shares were valued at $9.48 at the most recent close of the market.
Analyzing the GRND fundamentals
Grindr Inc [NYSE:GRND] reported sales of 259.69M for the trailing twelve months, which represents a growth of 32.20%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is 14.49 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-18.62.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.27 points at the first support level, and at 9.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.63, and for the 2nd resistance point, it is at 9.77.
Ratios To Look Out For
For context, Grindr Inc’s Current Ratio is 1.13. As well, the Quick Ratio is 1.02, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 6.39.
Transactions by insiders
Recent insider trading involved Arison George, Chief Executive Officer, that happened on Dec 14 ’23 when 2937.0 shares were purchased. Director, Zage George Raymond III completed a deal on Dec 06 ’23 to buy 60000.0 shares. Meanwhile, Director Zage George Raymond III sold 0.66 million shares on Sep 15 ’23.
