Analyst Rating: Will Graybug Vision Inc (GRAY) Stock Lead the Market?

Tuesday, October 18, 2022 01:42 PM | InvestorsObserver Analysts

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Analyst Rating: Will Graybug Vision Inc (GRAY) Stock Lead the Market?

InvestorsObserver is giving Graybug Vision Inc (GRAY) an Analyst Rating Rank of 23, meaning GRAY is ranked higher by analysts than 23% of stocks. The average price target for GRAY is $3.166 and analyst’s rate the stock as a Buy.

Wall Street analysts are rating GRAY a Buy today. Find out what this means to you and get the rest of the rankings on GRAY!

See Full GRAY Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Graybug Vision Inc Stock Today?

Graybug Vision Inc (GRAY) stock is trading at $0.99 as of 1:31 PM on Tuesday, Oct 18, a rise of $0.04, or 4.2% from the previous closing price of $0.95. The stock has traded between $0.92 and $1.00 so far today. Volume today is low. So far 8,064 shares have traded compared to average volume of 65,506 shares. Click Here to get the full Stock Report for Graybug Vision Inc stock.