Cannabis Stock Surges 1.61% Wednesday; What Do Analysts Think The Future Is For GrowGeneration Corp (GRWG)?

GRWG stock is higher by 1.61% Wednesday as the cannabis stock increases $0.13 and outperforms the market. Analysts who follow GrowGeneration Corp (GRWG) on average expect it to gain 123.59% over the next twelve months. Those same analysts give the stock an average rating of Buy.

That average rating earns GRWG an Analyst Ranking of 30, which means it ranks higher than 30 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 4
Wall Street analysts are rating GRWG a Buy today. Find out what this means to you and get the rest of the rankings on GRWG!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company’s balance sheet. This information allows investors to make decisions ahead of the curve.

InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What’s Happening With GrowGeneration Corp Stock Today?

GrowGeneration Corp (GRWG) stock is trading at $8.19 as of 3:43 PM on Wednesday, Apr 13, a rise of $0.13, or 1.61% from the previous closing price of $8.06. The stock has traded between $7.89 and $8.29 so far today. Volume today is below average. So far 720,321 shares have traded compared to average volume of 2,237,546 shares.

Click Here to get the full Stock Report for GrowGeneration Corp stock.

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