Grifols, SA stock trades under the ticker GRFS & has shown recent bullishness amid market volatility that traders & investors should take a closer look into.
GRFS stock closed at $11.81/share on 3/31/2022.
Grifols, SA GRFS Stock’s Technicals Broken Down
GRFS Stock Price: $11.81
10 Day Moving Average: $10.88
50 Day Moving Average: $11.42
200 Day Moving Average: $13.25
RSI: 58.43
MACD: -0.148
Yesterday, GRFS stock completed a bullish MACD crossover, breaking out above both its 10 & 50 day moving averages.
Their RSI is 58, and yesterday’s trading volume was much higher than average compared to the last year, signaling more short-term momentum to come.
They must now test the $12.39, $12.50 & $12.83/share resistance levels.
Grifols, SA GRFS Stock As A Long-Term Investment
Long-term oriented investors will find GRFS stock’s valuation metrics appealing, with a P/E (ttm) of 36.3 & a P/B (mrq) of 1.09.
They recently reported -8.5% Quarterly Revenue Growth Y-o-Y, which may pose an issue for some investors.
GRFS stock’s balance sheet may require a closer look, with Total Cash (mrq) of $2.69B & Total Debt (mrq) of $9.32B.
They pay a 6.12% dividend yield, which may be unsustainable due to their high payout ratio.
42.8% of GRFS stock’s outstanding share float is owned by institutional investors.
Grifols, SA GRFS Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to profit from movements in GRFS stock’s price movements, while hedging against broader market volatility.
I am looking at the contracts with the 4/14 expiration date.
The $10 & $12.50 call options look appealing, although the former is relatively illiquid.
The $12.50 puts also look interesting, but have very low levels of open interest.
Tying It All Together
Overall, GRFS stock has many interesting attributes that traders & investors may like.
Investors will like their valuation metrics, but be skeptical about the strength of their dividend moving forward.
Traders will like their current momentum, but be disappointed by the lack of liquidity in their options contracts.
GRFS stock is worth taking a closer look into, regardless of your trading style.
*** I DO NOT OWN SHARES OF GRFS STOCK ***