NASDAQ:GRVY Gravity (GRVY) Stock Forecast, Price & News $54.61 -2.59 (-4.53%) (As of 12:13 PM ET) Add Compare Share Share Today's Range$53.51▼$56.8750-Day Range$52.58▼$65.7552-Week Range$36.08▼$66.83Volume5,958 shsAverage Volume21,561 shsMarket Capitalization$379.54 millionP/E Ratio4.92Dividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Gravity (NASDAQ:GRVY) StockGravity Co., Ltd. engages in the development and publishing of online games, software and other related services. It operates through the following business fields: Online Games Development Business, Game Publishing Business, Mobile Business, Multi Platform Business, One Source Multi Use Business and the Internet Protocol Television Business. The Online Game Development Business focuses on developing and servicing competitive games with various genres and unique features such as Ragnarok Online II, Requiem online, and Pucca Racing. The Game Publishing Business seeks to expand its business into publishing, music, merchandising, and animation. The Mobile Game Business develops mobile games based on Ragnarok Online and offers role-playing games, shooting, puzzle, and sports genres in its mobile game collection. The Multi Platform Business offers online and mobile games, and is currently in the process of developing Ragnarok DS, PSP, and XBOX 360 Live PSN. The One Source Multi Use Business invests continually to improve the quality of the game industry. The Internet Protocol Television (IPTV)Business covers network games based on IPTV, imbedded games based on STB, and new game servicesRead More Receive GRVY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gravity and its competitors with MarketBeat's FREE daily newsletter. Email Address GRVY Stock News HeadlinesMay 30, 2023 | msn.comGravity Media Signs Long-Term Contract with ATP Media to Deliver Worldwide Tournament CoverageMay 25, 2023 | msn.comTata Somerset gigafactory: Everything we know about plans for giant Jaguar Land Rover plant at Gravity Business Park near BridgwaterMay 31, 2023 | Edge On The Street (Ad)The Ignored EV Story Few Investors Know AboutLithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.May 22, 2023 | finance.yahoo.comA Look Into Gravity's (NASDAQ:GRVY) Impressive Returns On CapitalMay 19, 2023 | americanbankingnews.comGravity (NASDAQ:GRVY) Downgraded to Buy at StockNews.comMay 11, 2023 | finanznachrichten.deGRAVITY Co., Ltd.: Gravity Reports First Quarter of 2023 Results and Business UpdateMay 11, 2023 | finance.yahoo.comGravity Reports First Quarter of 2023 Results and Business UpdateMay 11, 2023 | msn.com'Gravity always wins': How to keep your backyard trees safe during Houston's rainy weatherMay 31, 2023 | Edge On The Street (Ad)146 Pounds of Graphite Needed for Each EVGraphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.May 11, 2023 | news.yahoo.comScarlett Johansson felt "hopeless" after losing Gravity roleMay 11, 2023 | msn.comFirst Look at ‘Gravity’ VFX Supervisor’s Virtual Production ‘Flite’May 4, 2023 | investorplace.comDon’t Count on ‘Gravity’ to Send Lucid Stock Back ‘to the Moon’April 29, 2023 | finance.yahoo.comGravity (NASDAQ:GRVY) shareholders have earned a 8.5% CAGR over the last five yearsApril 27, 2023 | finance.yahoo.comGravity Announces Filing of Annual Report on Form 20-F for Fiscal Year 2022April 25, 2023 | investorplace.comLCID Stock Alert: Lucid Gravity SUV Hits the Roads for TestingApril 23, 2023 | americanbankingnews.comGravity (NASDAQ:GRVY) Upgraded to "Strong-Buy" at StockNews.comApril 18, 2023 | news.yahoo.comNC Gravity Games & Street Fest returns for 10th runningApril 15, 2023 | americanbankingnews.comGravity (NASDAQ:GRVY) Downgraded to Hold at StockNews.comApril 14, 2023 | finance.yahoo.comRagnarok Origin Successfully Launched in Southeast Asia on April 6, 2023April 13, 2023 | marketwatch.comBorehole Gravity Survey Services Market Outlook and Forecast till 2031April 13, 2023 | investorplace.com3 Short-Squeeze Stocks That Are Defying GravityApril 12, 2023 | finanznachrichten.deNFP Corp.: NFP Acquires Gravity Risk Services, a West Midlands-Based Insurance Broker and Risk AdvisorApril 12, 2023 | msn.comZero Gravity’s Molly Hurwitz Joins Thruline Entertainment As Literary ManagerApril 12, 2023 | marketwatch.comWeighted Blanket (Gravity Blanket) Market Size by 2030April 8, 2023 | americanbankingnews.comStockNews.com Upgrades Gravity (NASDAQ:GRVY) to "Buy"March 30, 2023 | americanbankingnews.comStockNews.com Downgrades Gravity (NASDAQ:GRVY) to HoldMarch 28, 2023 | finance.yahoo.comRagnarok Origin Official Launch in Southeast Asia on April 6, 2023See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GRVY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gravity and its competitors with MarketBeat's FREE daily newsletter. Email Address GRVY Company Calendar Last Earnings3/31/2023Today5/31/2023Next Earnings (Estimated)8/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:GRVY CUSIPN/A CIK1313310 Webwww.gravity.co.kr Phone(222) 132-7000Fax82-2-2132-7070Employees335Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$11.10 Trailing P/E Ratio5.15 Forward P/E RatioN/A P/E GrowthN/ANet Income$58.14 million Net Margins19.17% Pretax Margin23.52% Return on Equity32.66% Return on Assets25.05% Debt Debt-to-Equity RatioN/A Current Ratio4.65 Quick Ratio4.65 Sales & Book Value Annual Sales$358.84 million Price / Sales1.11 Cash Flow$9.83 per share Price / Cash Flow5.82 Book Value$40.87 per share Price / Book1.40Miscellaneous Outstanding Shares6,950,000Free FloatN/AMarket Cap$397.54 million OptionableNot Optionable Beta0.15 Key ExecutivesYoshinori KitamuraChairman, Chief Operating & Compliance OfficerHyun-Chul ParkChief Executive Officer & DirectorKim Heung GonChief Financial Officer & Executive DirectorJeesun LimInvestor Relations ContactKey CompetitorsRimini StreetNASDAQ:RMNIQuinStreetNASDAQ:QNSTCass Information SystemsNASDAQ:CASSOptimizeRxNASDAQ:OPRXDHI GroupNYSE:DHXView All CompetitorsInstitutional OwnershipGeode Capital Management LLCBought 3,536 shares on 5/16/2023Ownership: 0.051%O Shaughnessy Asset Management LLCBought 21,742 shares on 5/12/2023Ownership: 0.313%BlackRock Inc.Bought 5,127 shares on 5/12/2023Ownership: 0.084%Wellington Management Group LLPBought 4,284 shares on 5/12/2023Ownership: 0.062%BNP Paribas Arbitrage SNCBought 900 shares on 5/12/2023Ownership: 0.016%View All Institutional Transactions GRVY Stock - Frequently Asked Questions How have GRVY shares performed in 2023? Gravity's stock was trading at $40.32 at the beginning of 2023. Since then, GRVY stock has increased by 41.9% and is now trading at $57.20. View the best growth stocks for 2023 here. When is Gravity's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. View our GRVY earnings forecast. How were Gravity's earnings last quarter? Gravity Co., Ltd. (NASDAQ:GRVY) posted its quarterly earnings results on Friday, March, 31st. The technology company reported $3.52 earnings per share (EPS) for the quarter. The technology company had revenue of $129.80 million for the quarter. Gravity had a trailing twelve-month return on equity of 32.66% and a net margin of 19.17%. When did Gravity's stock split? Shares of Gravity split before market open on 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 closing bell 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 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). What is Gravity's stock symbol? Gravity trades on the NASDAQ under the ticker symbol "GRVY." Who are Gravity's major shareholders? Gravity's stock is owned by many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (1.91%), SG Americas Securities LLC (0.79%), Acadian Asset Management LLC (0.52%), O Shaughnessy Asset Management LLC (0.31%), BlackRock Inc. (0.08%) and Wellington Management Group LLP (0.06%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Gravity's stock price today? One share of GRVY stock can currently be purchased for approximately $57.20. How much money does Gravity make? Gravity (NASDAQ:GRVY) has a market capitalization of $397.54 million and generates $358.84 million in revenue each year. The technology company earns $58.14 million in net income (profit) each year or $11.10 on an earnings per share basis. How many employees does Gravity have? The company employs 335 workers across the globe. How can I contact Gravity? Gravity's mailing address is 15F 396 WORLD CUP BUK-RO MAPO-GU, SEOUL M5, 03925. The official website for the company is www.gravity.co.kr. The technology company can be reached via phone at (222) 132-7000, via email at ircommunication@gravity.co.kr, or via fax at 82-2-2132-7070. This page (NASDAQ:GRVY) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Gravity Co., Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.