NASDAQ:GRVY

Gravity (GRVY) Stock Forecast, Price & News

$55.25

-1.95 (-3.41%)

(As of 03:59 PM ET)

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Today's Range: $53.51
▼
$56.87
50-Day Range: $52.58
▼
$65.75
52-Week Range: $36.08
▼
$66.83

Volume: 15,073 shs
Average Volume: 21,633 shs
Market Capitalization: $383.99 million

P/E Ratio: 4.98
Dividend Yield: N/A
Price Target: N/A

About Gravity (NASDAQ:GRVY) Stock

Gravity 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 services

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GRVY Stock News Headlines

May 30, 2023 | msn.com

Gravity Media Signs Long-Term Contract with ATP Media to Deliver Worldwide Tournament Coverage

May 25, 2023 | msn.com

Tata Somerset gigafactory: Everything we know about plans for giant Jaguar Land Rover plant at Gravity Business Park near Bridgwater

May 31, 2023 | Edge On The Street (Ad)

Soaring EV Industry Keeps Investor Focus on Lithium

The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.

May 22, 2023 | finance.yahoo.com

A Look Into Gravity's (NASDAQ:GRVY) Impressive Returns On Capital

May 19, 2023 | americanbankingnews.com

Gravity (NASDAQ:GRVY) Downgraded to Buy at StockNews.com

May 11, 2023 | finanznachrichten.de

GRAVITY Co., Ltd.: Gravity Reports First Quarter of 2023 Results and Business Update

May 11, 2023 | finance.yahoo.com

Gravity Reports First Quarter of 2023 Results and Business Update

May 11, 2023 | msn.com

'Gravity always wins': How to keep your backyard trees safe during Houston's rainy weather

May 31, 2023 | Edge On The Street (Ad)

Soaring EV Industry Keeps Investor Focus on Lithium

The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.

May 11, 2023 | news.yahoo.com

Scarlett Johansson felt "hopeless" after losing Gravity role

May 11, 2023 | msn.com

First Look at ‘Gravity’ VFX Supervisor’s Virtual Production ‘Flite’

May 4, 2023 | investorplace.com

Don’t Count on ‘Gravity’ to Send Lucid Stock Back ‘to the Moon’

April 29, 2023 | finance.yahoo.com

Gravity (NASDAQ:GRVY) shareholders have earned a 8.5% CAGR over the last five years

April 27, 2023 | finance.yahoo.com

Gravity Announces Filing of Annual Report on Form 20-F for Fiscal Year 2022

April 25, 2023 | investorplace.com

LCID Stock Alert: Lucid Gravity SUV Hits the Roads for Testing

April 23, 2023 | americanbankingnews.com

Gravity (NASDAQ:GRVY) Upgraded to "Strong-Buy" at StockNews.com

April 18, 2023 | news.yahoo.com

NC Gravity Games & Street Fest returns for 10th running

April 15, 2023 | americanbankingnews.com

Gravity (NASDAQ:GRVY) Downgraded to Hold at StockNews.com

April 14, 2023 | finance.yahoo.com

Ragnarok Origin Successfully Launched in Southeast Asia on April 6, 2023

April 13, 2023 | marketwatch.com

Borehole Gravity Survey Services Market Outlook and Forecast till 2031

April 13, 2023 | investorplace.com

3 Short-Squeeze Stocks That Are Defying Gravity

April 12, 2023 | finanznachrichten.de

NFP Corp.: NFP Acquires Gravity Risk Services, a West Midlands-Based Insurance Broker and Risk Advisor

April 12, 2023 | msn.com

Zero Gravity’s Molly Hurwitz Joins Thruline Entertainment As Literary Manager

April 12, 2023 | marketwatch.com

Weighted Blanket (Gravity Blanket) Market Size by 2030

April 8, 2023 | americanbankingnews.com

StockNews.com Upgrades Gravity (NASDAQ:GRVY) to "Buy"

March 30, 2023 | americanbankingnews.com

StockNews.com Downgrades Gravity (NASDAQ:GRVY) to Hold

March 28, 2023 | finance.yahoo.com

Ragnarok Origin Official Launch in Southeast Asia on April 6, 2023

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GRVY Company Calendar

Last Earnings: 3/31/2023
Today: 5/31/2023
Next Earnings (Estimated): 8/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:GRVY
CUSIP: N/A
CIK: 1313310
Web: www.gravity.co.kr
Phone: (222) 132-7000
Fax: 82-2-2132-7070
Employees: 335
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $11.10
Trailing P/E Ratio: 5.15
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $58.14 million
Net Margins: 19.17%
Pretax Margin: 23.52%
Return on Equity: 32.66%
Return on Assets: 25.05%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.65
Quick Ratio: 4.65

Sales & Book Value

Annual Sales: $358.84 million
Price / Sales: 1.11
Cash Flow: $9.83 per share
Price / Cash Flow: 5.82
Book Value: $40.87 per share
Price / Book: 1.40

Miscellaneous

Outstanding Shares: 6,950,000
Free Float: N/A
Market Cap: $397.54 million
Optionable: Not Optionable
Beta: 0.15

Key Executives

Yoshinori Kitamura
Chairman, Chief Operating & Compliance Officer

Hyun-Chul Park
Chief Executive Officer & Director

Kim Heung Gon
Chief Financial Officer & Executive Director

Jeesun Lim
Investor Relations Contact

Key Competitors

View All Competitors

Institutional Ownership

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

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