MENU
+Compare
GRNT
Stock ticker: NYSE
AS OF
Apr 25 closing price
Price
$4.94
Change
+$0.06 (+1.23%)
Capitalization
851.83M

GRNT Granite Ridge Resources Forecast, Technical & Fundamental Analysis

Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company... Show more

GRNT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
a Summary for GRNT with price predictions
Apr 24, 2025

GRNT in upward trend: price may ascend as a result of having broken its lower Bollinger Band on April 03, 2025

GRNT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 23 cases where GRNT's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where GRNT's RSI Oscillator exited the oversold zone, of 16 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 34 cases where GRNT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GRNT advanced for three days, in of 147 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 78 cases where GRNT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 24, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GRNT as a result. In of 52 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for GRNT turned negative on April 03, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 23 similar instances when the indicator turned negative. In of the 23 cases the stock turned lower in the days that followed. This puts the odds of success at .

GRNT moved below its 50-day moving average on April 03, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for GRNT crossed bearishly below the 50-day moving average on April 07, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The 50-day moving average for GRNT moved below the 200-day moving average on March 25, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GRNT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.268) is normal, around the industry mean (4.436). P/E Ratio (10.705) is within average values for comparable stocks, (19.229). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.890). Dividend Yield (0.067) settles around the average of (0.085) among similar stocks. P/S Ratio (2.206) is also within normal values, averaging (161.907).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. GRNT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. GRNT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 70, placing this stock worse than average.

View a ticker or compare two or three
GRNT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published Dividends

GRNT paid dividends on March 14, 2025

Granite Ridge Resources GRNT Stock Dividends
А dividend of $0.11 per share was paid with a record date of March 14, 2025, and an ex-dividend date of February 28, 2025. Read more...
A.I. Advisor
published General Information

General Information

Industry OilGasProduction

Profile
Fundamentals
Details
Industry
N/A
Address
5217 McKinney Avenue
Phone
+1 214 396-2850
Employees
2
Web
https://www.graniteridge.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
ARBFX13.150.01
+0.08%
Arbitrage R
HBLYX14.44N/A
N/A
Hartford Balanced Income Y
JICCX68.58N/A
N/A
JPMorgan US Sustainable Leaders C
MMCRX16.12N/A
N/A
Madison Mid Cap R6
SEQPX16.16N/A
N/A
NAA World Equity Income P

GRNT and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, GRNT has been closely correlated with MTDR. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if GRNT jumps, then MTDR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GRNT
1D Price
Change %
GRNT100%
+2.09%
MTDR - GRNT
78%
Closely correlated
-0.22%
MGY - GRNT
76%
Closely correlated
+3.19%
OVV - GRNT
76%
Closely correlated
+2.62%
PR - GRNT
75%
Closely correlated
+2.52%
FANG - GRNT
75%
Closely correlated
+0.46%
More

Groups containing GRNT

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GRNT
1D Price
Change %
GRNT100%
+2.09%
GRNT
(30 stocks)
80%
Closely correlated
+0.59%