Key Benefits Of: Grab Holdings Limited (NASDAQ:GRAB 0.31%), Equitrans Midstream Corporation (NYSE:ETRN -0.44%)

GRAB has seen its SMA50 which is now 0.47%. In looking the SMA 200 we see that the stock has seen a -3.18%.

ETRN has seen its SMA50 which is now 7.75%. In looking the SMA 200 we see that the stock has seen a 17.23%.

On 13-03-2024 (Wednesday), Shares of Grab Holdings Limited (NASDAQ:GRAB) encountered a difference of 0.31% after which it shut the day’ session at $3.23. The volume added 16,985,214 shares which compares with the average volume of 21.79M shares.

Grab Holdings Limited, a Singapore based Company, belongs to Software – Application sector industry. Shares of Grab Holdings Limited was among the active stocks of the last exchanging sessions.

Unpredictability:

The stock value instability stayed at 3.46% in recent month and ranges at 3.66% for the week. The Average True Range (ATR) is also a measure of volatility is presently sitting at 0.11. The firm demonstrates the market capitalization of $12.67B.

Important Results:

Grab Holdings Limited has P/S value of 5.37 while its P/B esteem remains at 1.98. Likewise, the company has Return on Assets of 4.02%, Return on Equity of -6.65% and Return on Investment of -6.10%.

The company demonstrates Gross Margin and Operating Margin of 36.48% and -17.16% respectively.

Forward P/E of Grab Holdings Limited is remaining at 148.71. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year.

Technical Analysis of Grab Holdings Limited GRAB:

The stock price moved with change of 11.38% to its 50 Day low spot and changed -10.28% contrasting with its 50 Day high point. GRAB stock is as of now appearing down return of 4.19% all through a week ago and saw bearish return of -3.29% in one month span. The execution of company 4.87% in three months and -14.78% throughout the previous a half year exchanging period.

Tracking the closing price and 52-week high, the current price movement shows that the stock price positioned negative when compared against the 52-week high. As close of recent trade, stock represents -17.60%move from 52-week high. Tracing the 52-week low position of the stock, we noted that the closing price represents a 21.89% higher distance from that low value. Technical analysts compare a stock’s current trading price to its 52-week range to get a broad sense of how the stock is doing, as well as how much the stock’s price has fluctuated. This information may indicate the potential future range of the stock and how volatile the shares are.

Equitrans Midstream Corporation (NYSE:ETRN)’s Analysis & Performances to Discover

Equitrans Midstream Corporation, belongs to Energy sector and Oil & Gas Midstream industry. The company’s total Outstanding Shares of 433.50M. ETRN flaunted -0.44% to reach at $11.34 during previous trading session.

The company has experienced volume of 15,387,885 shares while on average the company has a capacity of trading 5.01M share.

Observing the Technical Indicators:

Equitrans Midstream Corporation institutional ownership is held at 87.56% while insider ownership was 0.70%. As of now, ETRN has a P/S, P/E and P/B values of 3.55, 12.83 and 4.71 respectively. Its P/Cash is valued at 19.11.

The Company’s net profit margin for the 12 months at 27.74%. Comparatively, the gazes have a Gross margin 62.54%.

Profitability ratios:

Looking into the profitability ratios of ETRN stock, an investor will find its ROE, ROA, ROI standing at 26.77%, 4.02% and 4.28%, respectively.

Reading RSI Indicator

Equitrans Midstream Corporation (ETRN) attained alert from day Traders as RSI reading reached at 71.75. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements.

Earnings per Share Details of Equitrans Midstream Corporation:

The EPS of ETRN is strolling at 0.88, measuring its EPS growth this year at 13.00%. As a result, the company has an EPS growth of 9.87% for the approaching year.

What Does the Payout Ratio Tell You?

The payout ratio is a key financial metric used to determine the sustainability of a company’s dividend payments. It is the amount of dividends paid to shareholders relative to the total net income of a company.

Formula for the Payout Ratio Is

“Payout Ratio = Dividends / Earnings”

Is It Overvalued? Look at the Payout Ratio of GRAB, ETRN

The payout ratio shows the proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage of the company’s earnings. The payout ratio can also be expressed as dividends paid out as a proportion of cash flow. The payout ratio is also known as the dividend payout ratio. GRAB has a Payout Ratio of 0 and ETRN has a Payout Ratio of 67.67%.

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