Overall market sentiment has been neutral on Grab Holdings Ltd (GRAB) stock lately. GRAB receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Grab Holdings Ltd has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on GRAB!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With GRAB Stock Today?
Grab Holdings Ltd (GRAB) stock is trading at $2.62 as of 10:30 AM on Tuesday, Jun 28, a loss of -$0.07, or -2.6% from the previous closing price of $2.69. The stock has traded between $2.62 and $2.73 so far today. Volume today is low. So far 3,793,288 shares have traded compared to average volume of 35,800,710 shares.
More About Grab Holdings Ltd
Grab Holdings Inc is an investment holding company. The Group enables access to transportation, delivery, mobile payment, financial services and enterprise offerings in Southeast Asia through its mobile application (the Grab Platform).
Click Here to get the full Stock Report for Grab Holdings Ltd stock.