GrowGeneration Corp’s recent filing unveils that its Director ADAMS EULA L acquired Company’s shares for reported $50500.0 on Aug 27 ’24. In the deal valued at $2.02 per share,25,000 shares were bought. As a result of this transaction, ADAMS EULA L now holds 25,000 shares worth roughly $52500.0.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Aiello Stephen bought 48,916 shares, generating $99,299 in total proceeds. Upon buying the shares at $2.03, the Director now owns 494,977 shares.
Before that, Aiello Stephen bought 51,084 shares. GrowGeneration Corp shares valued at $97,570 were divested by the Director at a price of $1.91 per share. As a result of the transaction, Aiello Stephen now holds 446,061 shares, worth roughly $0.94 million.
Oppenheimer downgraded its GrowGeneration Corp [GRWG] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in early May from “a Hold” to “a Buy”. Alliance Global Partners also remained covering GRWG and has decreased its forecast on August 05, 2022 with a “Neutral” recommendation from previously “Buy” rating. ROTH Capital revised its rating on March 03, 2022. It rated GRWG as “a Neutral” which previously was an “a Buy”.
Price Performance Review of GRWG
On Tuesday, GrowGeneration Corp [NASDAQ:GRWG] saw its stock jump 2.44% to $2.10. Over the last five days, the stock has gained 2.44%. GrowGeneration Corp shares have fallen nearly -16.33% since the year began. Nevertheless, the stocks have fallen -23.91% over the past one year. While a 52-week high of $3.38 was reached on 04/04/24, a 52-week low of $1.77 was recorded on 08/13/24. SMA at 50 days reached $2.05, while 200 days put it at $2.32.
Levels Of Support And Resistance For GRWG Stock
The 24-hour chart illustrates a support level at 2.05, which if violated will result in even more drops to 1.99. On the upside, there is a resistance level at 2.17. A further resistance level may holdings at 2.23. The Relative Strength Index (RSI) on the 14-day chart is 53.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.00%. Stochastics %K at 35.06% indicates the stock is a holding.
How much short interest is there in GrowGeneration Corp?
A steep rise in short interest was recorded in GrowGeneration Corp stocks on 2024-09-13, growing by 39542.0 shares to a total of 4.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 4.4 million shares. There was a rise of 0.89%, which implies that there is a positive sentiment for the stock.
