In a filing, Grab Holdings Limited revealed its Director ANTHONY TAN PING YEOW acquired Company’s shares for reported $2.64 million on Mar 17 ’25. In the deal valued at $4.40 per share,600,000 shares were bought.
Then, SUTHEN THOMAS PARADATHETH bought 26,280 shares, generating $113,267 in total proceeds.
Before that, ANTHONY PING YEOW TAN bought 50,000 shares. Grab Holdings Limited shares valued at $229,500 were divested by the Director at a price of $4.59 per share.
JP Morgan upgraded its Grab Holdings Limited [GRAB] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “an Outperform”. JP Morgan also remained covering GRAB and has decreased its forecast on February 05, 2025 with a “Neutral” recommendation from previously “an Overweight” rating. HSBC Securities revised its rating on February 04, 2025. It rated GRAB as “a Buy” which previously was an “a Hold”.
Price Performance Review of GRAB
On Tuesday, Grab Holdings Limited [NASDAQ:GRAB] saw its stock jump 3.37% to $4.60. Over the last five days, the stock has gained 6.73%. Grab Holdings Limited shares have fallen nearly -2.54% since the year began. Nevertheless, the stocks have risen 41.98% over the past one year. While a 52-week high of $5.72 was reached on 02/18/25, a 52-week low of $2.98 was recorded on 03/10/25. SMA at 50 days reached $4.67, while 200 days put it at $4.12.
Levels Of Support And Resistance For GRAB Stock
The 24-hour chart illustrates a support level at 4.51, which if violated will result in even more drops to 4.41. On the upside, there is a resistance level at 4.69. A further resistance level may holdings at 4.77. The Relative Strength Index (RSI) on the 14-day chart is 49.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.30%. Stochastics %K at 48.09% 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 2025-02-28, growing by 4.68 million shares to a total of 128.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 123.41 million shares. There was a rise of 3.65%, which implies that there is a positive sentiment for the stock.
