How Does W. R. Grace & Co. (GRA) Stack Up Right Now?

  1. R. Grace & Co. (GRA) is an interesting player in the Basic Materials space, with a focus on Specialty Chemicals. The stock has been active on the tape, currently trading at $70.73, up from yesterday’s close by 0.41%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

No amount of research is complete without a bird’s eye view of the financial data. W. R. Grace & Co. (GRA) currently trades with a market capitalization of $4.80 Billion.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For GRA, the company currently has $172.6 Million of cash on the books, which is offset by $86.5 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $152.5 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.83 on a per share basis this quarter. Perhaps, that suggests something about why 80.53% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, W. R. Grace & Co. recorded a 52-week high of $74.63. It is now trading 3.9% off that level. The stock is trading $71.44 its 50-day moving average by 0.70999999999999%. The stock carved out a 52-week low down at $63.37.

In recent action, W. R. Grace & Co. (GRA) has made a move of -3.22% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.89, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.63% with $67.48 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of GRA.

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