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Analysts Are Bullish On This Pot Stock, Should You Roll With GrowGeneration Corp (GRWG) Monday?

Monday, August 23, 2021 02:24 PM | InvestorsObserver Analysts
Analysts Are Bullish On This Pot Stock, Should You Roll With GrowGeneration Corp (GRWG) Monday?

GRWG stock is higher by 3.09% Monday as the pot stock increases $0.91 and outperforms the market. Analysts who follow GrowGeneration Corp (GRWG) on average expect it to gain 52.25% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns the stock an Analyst Ranking of 75, which means it ranks higher than 75 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 5
Wall Street analysts are rating GRWG a Strong Buy today. Find out what this means to you and get the rest of the rankings on GRWG!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With GrowGeneration Corp Stock Today?

GrowGeneration Corp (GRWG) stock is trading at $30.40 as of 2:10 PM on Monday, Aug 23, a rise of $0.91, or 3.09% from the previous closing price of $29.49. The stock has traded between $29.10 and $30.66 so far today. Volume today is less active than usual. So far 1,273,077 shares have traded compared to average volume of 1,895,999 shares. Click Here to get the full Stock Report for GrowGeneration Corp stock.

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