GrowGeneration (GRWG) Gets a Buy from Craig-Hallum
TipRanks (Thu, 28-Mar 9:15 AM ET)
EGOX, UXIN major consumer discretionary gainers; LOBO, SOND major losers
Seeking Alpha News (Mon, 25-Mar 11:46 AM ET)
GrowGeneration Announces Share Repurchase Program
Business Wire (Mon, 25-Mar 8:00 AM ET)
Business Wire (Wed, 13-Mar 4:05 PM ET)
GrowGeneration to Participate in the 36th Annual ROTH Conference
Business Wire (Mon, 11-Mar 4:05 PM ET)
GrowGeneration's HRG Distribution Enters Strategic Partnership with Quest Climate
Business Wire (Thu, 29-Feb 8:00 AM ET)
Business Wire (Wed, 28-Feb 8:00 AM ET)
Drip Hydro Unveils Groundbreaking Powder Nutrient Line for Cultivation
Business Wire (Thu, 1-Feb 10:00 AM ET)
GrowGeneration Provides Full-Year 2023 Guidance Update Ahead of the 26th Annual ICR Conference
Business Wire (Mon, 8-Jan 8:00 AM ET)
GrowGeneration to Participate in the 26th Annual ICR Conference
Business Wire (Wed, 3-Jan 8:00 AM ET)
GrowGeneration Corp owns and operates specialty retail hydroponic and organic gardening stores. The firm is a marketer and distributor of nutrients, growing media, advanced indoor and greenhouse lighting, ventilation systems and accessories for hydroponic gardening. The Company has two reportable segments, including Cultivation and Gardening segment, composed of the Company's hydroponic and organic gardening business; and the Storage Solutions segment, composed of the Company's benching, racking, and storage solutions business.
Growgeneration Corp. trades on the NASDAQ stock market under the symbol GRWG.
As of March 28, 2024, GRWG stock price declined to $2.86 with 2,006,188 million shares trading.
GRWG has a beta of 2.91, meaning it tends to be more sensitive to market movements. GRWG has a correlation of 0.20 to the broad based SPY ETF.
GRWG has a market cap of $175.90 million. This is considered a Micro Cap stock.
Last quarter Growgeneration Corp. reported $49 million in Revenue and -$.18 earnings per share. This beat revenue expectation by $4 million and missed earnings estimates by -$.05.
In the last 3 years, GRWG stock traded as high as $57.10 and as low as $1.77.
The top ETF exchange traded funds that GRWG belongs to (by Net Assets): MJ, IWM, VTI, VXF, CNBS.
GRWG stock has underperformed the market in the last year with a return of -13.9%, while SPY returned +33.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in GRWG shares. However, GRWG has outperformed the market in the last 3 month and 2 week periods, returning +11.7% and +40.2%, while SPY returned +10.1% and +1.7%, respectively. This indicates GRWG has been having a stronger performance recently.
GRWG support price is $2.88 and resistance is $3.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GRWG stock will trade within this expected range on the day.