GRWG, a player in the cannabis market, is higher by 5.03% Wednesday as it outperforms the market as a whole. Analysts who follow GrowGeneration Corp (GRWG) on average expect it to add 99.21% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns GrowGeneration Corp an Analyst Ranking of 28, which means it ranks higher than 28 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating GRWG a Buy today. Find out what this means to you and get the rest of the rankings on GRWG!
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With GrowGeneration Corp Stock Today?
GrowGeneration Corp (GRWG) stock is trading at $4.80 as of 2:59 PM on Wednesday, May 25, a rise of $0.23, or 5.03% from the previous closing price of $4.57. The stock has traded between $4.52 and $4.83 so far today. Volume today is low. So far 1,012,787 shares have traded compared to average volume of 1,977,306 shares.
Click Here to get the full Stock Report for GrowGeneration Corp stock.
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