Grove Stock Forecast, Price & News

Grove (NASDAQ:GRVI) Frequently Asked Questions

What stocks does MarketBeat like better than Grove?

Wall Street analysts have given Grove a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Grove wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Grove?

Grove saw a increase in short interest in September. As of September 30th, there was short interest totaling 121,400 shares, an increase of 69.8% from the September 15th total of 71,500 shares. Based on an average daily volume of 1,230,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 2.0% of the shares of the stock are short sold.
View Grove's Short Interest.

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

Grove updated its FY 2022 earnings guidance on Thursday, October, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $48 million-$55 million.

Who are Grove's key executives?

Grove's management team includes the following people:

• Mr. Allan J. Marshall, CEO & Chairman (Age 54, Pay $300k)
• Mr. Robert Hackett, Pres (Age 37, Pay $130.91k)
• Mr. Andrew J. Norstrud, CFO & Director (Age 49, Pay $184.23k)

Who are some of Grove's key competitors?

Some companies that are related to Grove include HEXO (HEXO), IM Cannabis (IMCC), MediWound (MDWD), Natural Alternatives International (NAII), Mannatech (MTEX), FitLife Brands (FTLF), Bon Natural Life (BON), Charlie's (CHUC), Charlie's (CHUCD), Exactus (EXDI), Happiness Biotech Group (HAPP), Glucose Health (GLUC), General Cannabis (CANN), Nutra Pharma (NPHC) and Tauriga Sciences (TAUG).
View all of GRVI's competitors.

When did Grove IPO?

(GRVI) raised $11 million in an initial public offering (IPO) on Thursday, June 24th 2021. The company issued 2,200,000 shares at a price of $4.50-$5.50 per share.

What is Grove's stock symbol?

Grove trades on the NASDAQ under the ticker symbol "GRVI."

When does Grove's lock-up period expire?

Grove's lock-up period expires on Tuesday, December 21st. Grove had issued 2,200,000 shares in its IPO on June 24th. The total size of the offering was $11,000,000 based on an initial share price of $5.00. After the expiration of Grove's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

How do I buy shares of Grove?

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

What is Grove's stock price today?

One share of GRVI stock can currently be purchased for approximately $5.75.

How much money does Grove make?

Grove has a market capitalization of $81.70 million and generates $24.09 million in revenue each year.

How many employees does Grove have?

Grove employs 90 workers across the globe.

What is Grove's official website?

The official website for Grove is grovelabs.io.

How can I contact Grove?

The company can be reached via phone at 701-353-5425 or via email at [email protected].