Grab Holdings Limited (NASDAQ:GRABW – Get Free Report) shares traded down 0.8% during mid-day trading on Tuesday . The stock traded as low as $0.36 and last traded at $0.37. 18,082 shares changed hands during trading, a decline of 63% from the average session volume of 49,458 shares. The stock had previously closed at $0.37.
Grab Trading Down 0.8%
The firm has a fifty day moving average price of $0.40 and a 200-day moving average price of $0.42.
Institutional Trading of Grab
An institutional investor recently bought a new position in Grab stock. Aristeia Capital L.L.C. bought a new position in shares of Grab Holdings Limited (NASDAQ:GRABW – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 210,873 shares of the company’s stock, valued at approximately $90,000.
Grab Company Profile
Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, digital financial services, and enterprise sector offerings.
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