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Grom Social Enterprises Inc. (NASDAQ:GROM) stock is trading 16.41 percent above its 52-week low

The latest trade, Performances and Moving Averages give us the following Picture

The share price of Grom Social Enterprises Inc. (NASDAQ:GROM) raised 1.34% to close Friday’s market session at $2.27, higher as compared to yesterday’s close. The stock price fluctuated between $2.00 and $2.28 throughout the trading session with the volume trading being 714765 shares, which represented a significant variation when compared to the three months average volume of 196.18K shares. The firm’s stock price fluctuated -0.44% within the last five trades and -63.15% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -81.83% in the last 6 months and -73.54% was subtracted to its value over the previous 3 months. GROM stock is trading at a margin of -49.39%, -61.03% and -87.78% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, GROM deals in the Communication Services domain. The stock is trading -99.16 percent below its 52-week high and 16.41 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -91.5. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

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What Does Grom Social Enterprises Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?

The stock’s market cap achieved a total value of $3.17 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.61 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 0.06, which equates the market value of a stock with its book value.



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