Traders Purchase High Volume of Call Options on Grabagun Digital (NYSE:PEW)

Grabagun Digital Holdings Inc. (NYSE:PEWGet Free Report) saw unusually large options trading on Monday. Investors purchased 6,694 call options on the stock. This represents an increase of 939% compared to the average daily volume of 644 call options.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Wall Street Zen raised Grabagun Digital from a “strong sell” rating to a “sell” rating in a research report on Saturday, April 11th. Weiss Ratings reiterated a “sell (d)” rating on shares of Grabagun Digital in a research report on Thursday, June 11th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Check Out Our Latest Research Report on Grabagun Digital

Institutional Investors Weigh In On Grabagun Digital

Hedge funds have recently added to or reduced their stakes in the business. Engineers Gate Manager LP bought a new position in Grabagun Digital during the fourth quarter worth $32,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Grabagun Digital during the 4th quarter worth about $43,000. United Asset Strategies Inc. bought a new stake in shares of Grabagun Digital during the 1st quarter worth about $47,000. Renaissance Technologies LLC bought a new stake in shares of Grabagun Digital during the 1st quarter worth about $135,000. Finally, Bridgeway Capital Management LLC acquired a new position in Grabagun Digital in the 4th quarter valued at about $150,000. Institutional investors and hedge funds own 4.80% of the company’s stock.

Grabagun Digital Stock Performance

Grabagun Digital stock traded up $0.53 during midday trading on Monday, reaching $2.88. 8,034,586 shares of the company’s stock were exchanged, compared to its average volume of 557,120. The firm has a 50-day moving average price of $2.68. The company has a market cap of $84.73 million, a price-to-earnings ratio of -16.91 and a beta of -0.01. The company has a current ratio of 6.91, a quick ratio of 6.37 and a debt-to-equity ratio of 0.07. Grabagun Digital has a 52 week low of $2.24 and a 52 week high of $21.40.

Grabagun Digital (NYSE:PEWGet Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.02. The business had revenue of $25.93 million during the quarter. Research analysts forecast that Grabagun Digital will post -0.25 earnings per share for the current year.

About Grabagun Digital

(Get Free Report)

GrabAGun.com is an online retailer of firearms, ammunition and related accessories. GrabAGun.com, formerly known as Colombier Acquisition Corp. II, is based in COPPELL, Texas.

See Also

Receive News & Ratings for Grabagun Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grabagun Digital and related companies with MarketBeat.com's FREE daily email newsletter.