NASDAQ:GRVY

Gravity (GRVY) Stock Price, News & Analysis

$67.00
-0.64 (-0.95%)
(As of 05/9/2024 ET)
Today's Range
$66.00
$68.65
50-Day Range
$65.30
$77.01
52-Week Range
$53.51
$82.48
Volume
46,505 shs
Average Volume
31,266 shs
Market Capitalization
$465.58 million
P/E Ratio
4.66
Dividend Yield
N/A
Price Target
N/A
GRVY stock logo

About Gravity Stock (NASDAQ:GRVY)

Gravity Co., Ltd. develops and publishes online and mobile games in South Korea, Taiwan, Thailand, and the United States. The company offers a massively multiplayer online role-playing game, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Prequel II. Its mobile games portfolio includes Ragnarok M: Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; the Labyrinth of Ragnarok; Ragnarok Poring Merge; Tera Classic; Ragnarok: The Lost Memories; Sadako M; NBA: Rise To Stardom; Milkmaid Of The Milky Way; and Paladog Tactics. The company also provides console games, such as Ragnarok DS for Nintendo DS; Ragnarok: The Princess of Light and Darkness for PlayStation Portable; Ragnarok Odyssey for PlayStation Vita; Double Dragon II for Xbox 360; Ragnarok Odyssey Ace for PlayStation Vita and PlayStation 3; and GRANDIA HD Collection for Nintendo Switch. In addition, it offers games for IPTV, including Haunted House and Pororo: The Little Penguin; and markets dolls, stationery, food, and other character-based merchandises, as well as game manuals, monthly magazines, and other publications. Further, the company provides system development and maintenance services, as well as system integration services to third parties. The company was incorporated in 2000 and is headquartered in Seoul, South Korea. Gravity Co., Ltd. is a subsidiary of GungHo Online Entertainment, Inc.

GRVY Stock Price History

GRVY Stock News Headlines

Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Gravity
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Kaufman selling Gravity 2.0 in Franklinton
Tech Center of Gravity receives grant
Gravity Co., Ltd. (GRVY)
See More Headlines
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Company Calendar

Last Earnings
4/12/2024
Today
5/09/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:GRVY
Employees
400
Year Founded
N/A

Profitability

Net Income
$105.61 million
Pretax Margin
23.25%

Debt

Sales & Book Value

Annual Sales
$725.52 billion
Cash Flow
$15.33 per share
Book Value
$53.39 per share

Miscellaneous

Free Float
N/A
Market Cap
$465.58 million
Optionable
Not Optionable
Beta
0.92
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Key Executives

  • Mr. Heung Gon Kim (Age 58)
    CFO & Executive Director
  • Mr. Yoshinori Kitamura (Age 56)
    Chairman of the Board & COO
  • Mr. Hyun Chul Park (Age 51)
    CEO & Executive Director
  • Mr. Taik Baik Seung
    Chief Marketing Officer and Senior Executive Vice President
  • Mr. Kyu Hyeong Lee
    Senior Executive Vice President of Human Resources
  • Mr. Kazuki Morishita (Age 51)
    Executive Director
  • Mr. Kazuya Sakai (Age 59)
    Executive Director

GRVY Stock Analysis - Frequently Asked Questions

How have GRVY shares performed in 2024?

Gravity's stock was trading at $69.56 at the beginning of the year. Since then, GRVY shares have decreased by 3.7% and is now trading at $67.00.
View the best growth stocks for 2024 here
.

Are investors shorting Gravity?

Gravity saw a increase in short interest in March. As of March 31st, there was short interest totaling 11,300 shares, an increase of 34.5% from the March 15th total of 8,400 shares. Based on an average daily volume of 31,700 shares, the short-interest ratio is currently 0.4 days.
View Gravity's Short Interest
.

How were Gravity's earnings last quarter?

Gravity Co., Ltd. (NASDAQ:GRVY) posted its earnings results on Friday, April, 12th. The technology company reported $2.35 earnings per share (EPS) for the quarter. The technology company earned $110.31 million during the quarter. Gravity had a net margin of 18.22% and a trailing twelve-month return on equity of 30.81%.

When did Gravity's stock split?

Gravity's stock split on the morning of Monday, August 27th 2018. The 2-1 split was announced on Friday, July 27th 2018. The newly minted shares were payable to shareholders after the market closes on Friday, August 24th 2018. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What guidance has Gravity issued on next quarter's earnings?

Gravity updated its fourth quarter 2023 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $110.7 million-$110.7 million.

What other stocks do shareholders of Gravity own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gravity investors own include Broadcom (AVGO), Alibaba Group (BABA), International Business Machines (IBM), NVIDIA (NVDA), PayPal (PYPL), Block (SQ), Yandex (YNDX), Adobe (ADBE), Costco Wholesale (COST) and Gilead Sciences (GILD).

Who are Gravity's major shareholders?

Gravity's stock is owned by a number of institutional and retail investors. Top institutional investors include SG Americas Securities LLC (0.27%), BNP Paribas Financial Markets (0.23%) and DGS Capital Management LLC (0.16%).

How do I buy shares of Gravity?

Shares of GRVY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GRVY) was last updated on 5/10/2024 by MarketBeat.com Staff

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