Grab Holdings Limited’s recently made public that its Officer Peter Henry Oey acquired Company’s shares for reported $0.4 million on Jan 15 ’25. In the deal valued at $4.43 per share,90,000 shares were bought.
Then, SUTHEN THOMAS PARADATHETH bought 23,840 shares, generating $113,002 in total proceeds.
Before that, ONG CHIN YIN bought 38,000 shares. Grab Holdings Limited shares valued at $180,120 were divested by the Officer at a price of $4.74 per share.
HSBC Securities upgraded its Grab Holdings Limited [GRAB] rating to a Buy from a a Hold in a research note published on February 04, 2025; the price target was decreased to $5.45 from $5.50. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early January from “an Underperform” to “a Neutral”. HSBC Securities also remained covering GRAB and has decreased its forecast on December 05, 2024 with a “Hold” recommendation from previously “Buy” rating. BofA Securities revised its rating on November 22, 2024. It rated GRAB as “an Underperform” which previously was an “a Buy”.
Price Performance Review of GRAB
On Tuesday, Grab Holdings Limited [NASDAQ:GRAB] saw its stock jump 12.56% to $5.11. Over the last five days, the stock has gained 12.06%. Grab Holdings Limited shares have risen nearly 8.26% since the year began. Nevertheless, the stocks have risen 63.26% over the past one year. While a 52-week high of $5.72 was reached on 02/04/25, a 52-week low of $2.98 was recorded on 01/14/25. SMA at 50 days reached $4.90, while 200 days put it at $3.95.
Levels Of Support And Resistance For GRAB Stock
The 24-hour chart illustrates a support level at 4.96, which if violated will result in even more drops to 4.82. On the upside, there is a resistance level at 5.22. A further resistance level may holdings at 5.34. The Relative Strength Index (RSI) on the 14-day chart is 62.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.13%. Stochastics %K at 59.89% indicates the stock is a holding.
How much short interest is there in Grab Holdings Limited?
A steep rise in short interest was recorded in Grab Holdings Limited stocks on 2025-01-15, growing by 16.64 million shares to a total of 114.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 98.2 million shares. There was a rise of 14.49%, which implies that there is a positive sentiment for the stock.
