NASDAQ:GRVY

Gravity (GRVY) Stock Price, News & Analysis

$66.13
+0.58 (+0.88%)
(As of 05/2/2024 ET)
Today's Range
$65.03
$67.46
50-Day Range
$65.30
$77.07
52-Week Range
$53.51
$82.48
Volume
36,108 shs
Average Volume
30,924 shs
Market Capitalization
$459.60 million
P/E Ratio
4.60
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

Kaufman selling Gravity 2.0 in Franklinton
The Long-Awaited End of America Update
A 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.
Tech Center of Gravity receives grant
The Long-Awaited End of America Update
A 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.
Gravity Co., Ltd. (GRVY)
China Reactcs to Ragnarok Origin Launch
Gravity: Amazing Performance, But Reach Is Key
See More Headlines
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Company Calendar

Last Earnings
4/12/2024
Today
5/02/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
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
$555.74 million
Cash Flow
$15.63 per share
Book Value
$53.39 per share

Miscellaneous

Free Float
N/A
Market Cap
$459.60 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 2024. Since then, GRVY stock has decreased by 4.9% and is now trading at $66.13.
View the best growth stocks for 2024 here
.

Are investors shorting Gravity?

Gravity saw a increase in short interest in the month of 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 days-to-cover ratio is presently 0.4 days.
View Gravity's Short Interest
.

When is Gravity's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our GRVY earnings forecast
.

How were Gravity's earnings last quarter?

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

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

Gravity issued an update on its fourth quarter 2023 earnings guidance on Wednesday, February, 14th. The company provided earnings per share 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 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 5/2/2024 by MarketBeat.com Staff

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