Is Grab Holdings Limited (GRAB) Stock a Good Buy for Short-term Investors?

Grab Holdings Limited [GRAB] stock prices are up 1.88% to $5.43 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The GRAB shares have gain 2.65% over the last week, with a monthly amount glided 28.37%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Grab Holdings Limited [NASDAQ: GRAB] stock has seen the most recent analyst activity on December 05, 2024, when HSBC Securities downgraded its rating to a Hold and also boosted its price target to $5.50 from $4.25. Previously, BofA Securities downgraded its rating to Underperform on November 22, 2024, and kept the price target unchanged to $4.90. On November 21, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $5.40 on the stock. Daiwa Securities started tracking the stock assigning a Outperform rating and suggested a price target of $4.60 on October 23, 2024. Mizuho initiated its recommendation with a Outperform and recommended $5 as its price target on June 27, 2024. In a note dated January 18, 2024, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $3.60 to $3.80.

The stock price of Grab Holdings Limited [GRAB] has been fluctuating between $2.90 and $5.72 over the past year. Currently, Wall Street analysts expect the stock to reach $5.03 within the next 12 months. Grab Holdings Limited [NASDAQ: GRAB] shares were valued at $5.43 at the most recent close of the market. An investor can expect a potential drop of -7.37% based on the average GRAB price forecast.

Analyzing the GRAB fundamentals

The Grab Holdings Limited [NASDAQ:GRAB] reported sales of 2.69B for trailing twelve months, representing a surge of 16.42%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.

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 5.26 points at the first support level, and at 5.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.54, and for the 2nd resistance point, it is at 5.65.

Ratios To Look Out For

It’s worth pointing out that Grab Holdings Limited [NASDAQ:GRAB]’s Current Ratio is 2.70. On the other hand, the Quick Ratio is 2.67, and the Cash Ratio is 1.19. Considering the valuation of this stock, the price to sales ratio is 8.01, the price to book ratio is 3.44.

Transactions by insiders

Recent insider trading involved ANTHONY PING YEOW TAN, Director, that happened on Dec 09 ’24 when 50000.0 shares were purchased. Officer, SUTHEN THOMAS PARADATHETH completed a deal on Nov 27 ’24 to buy 0.2 million shares. Meanwhile, Officer ANTHONY PING YEOW TAN bought 1.0 million shares on Nov 19 ’24.

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