Shares of Grabagun Digital Holdings Inc. (NYSE:PEW - Get Free Report) rose 9.2% on Monday . The company traded as high as $2.56 and last traded at $2.5440. Approximately 426,593 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 1,134,278 shares. The stock had previously closed at $2.33.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on PEW. Weiss Ratings restated a "sell (d)" rating on shares of Grabagun Digital in a report on Thursday, June 11th. Wall Street Zen upgraded shares of Grabagun Digital from a "strong sell" rating to a "sell" rating in a report on Saturday, April 11th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Sell".
Check Out Our Latest Research Report on PEW
Grabagun Digital Stock Up 9.2%
The company has a market cap of $74.79 million, a P/E ratio of -14.96 and a beta of -0.01. The firm's 50-day moving average price is $2.58. The company has a debt-to-equity ratio of 0.07, a quick ratio of 6.37 and a current ratio of 6.91.
Grabagun Digital (NYSE:PEW - Get Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.02. The company had revenue of $25.93 million during the quarter. As a group, equities research analysts anticipate that Grabagun Digital Holdings Inc. will post -0.25 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Engineers Gate Manager LP bought a new stake in shares of Grabagun Digital during the fourth quarter valued at approximately $32,000. Caitong International Asset Management Co. Ltd bought a new position in Grabagun Digital in the fourth quarter worth $43,000. United Asset Strategies Inc. bought a new position in Grabagun Digital in the first quarter worth $47,000. Renaissance Technologies LLC bought a new position in Grabagun Digital in the first quarter worth $135,000. Finally, Bridgeway Capital Management LLC purchased a new position in Grabagun Digital during the fourth quarter valued at $150,000. Hedge funds and other institutional investors own 4.80% of the company's stock.
Grabagun Digital Company Profile
(
Get Free Report)
GrabAGun.com is an online retailer of firearms, ammunition and related accessories. GrabAGun.com, formerly known as Colombier Acquisition Corp. II, is based in COPPELL, Texas.
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