Is GRIN stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Grindrod Shipping pays dividends. Last time was Monday 11th of December 2023 where the investors holding the stock on Thursday 19th of October 2023 were paid $1.64791 per share. Over the last 8 times between 2021 and 2023, Grindrod Shipping has paid $9.45791 with an average of $1.18 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Grindrod Shipping 10 years ago, but if you had invested on Monday 18th of June 2018 when the price was $17.00, you would have made a loss of $-2.80 per share or -16.47%
No, the average daily trading liquidity for Grindrod Shipping is $227 277 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Grindrod Shipping has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 0.89, the company's ability to pay off the debt is good. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Grindrod Shipping to be low [0.45 out of 1]