Jackson Hole Capital Partners LLC Invests $589,000 in Grail, Inc. (NASDAQ:GRAL)

Jackson Hole Capital Partners LLC purchased a new position in shares of Grail, Inc. (NASDAQ:GRAL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 33,000 shares of the company’s stock, valued at approximately $589,000. Jackson Hole Capital Partners LLC owned about 0.10% of Grail as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. FNY Investment Advisers LLC bought a new position in shares of Grail during the fourth quarter worth about $26,000. Lindbrook Capital LLC bought a new position in shares of Grail during the fourth quarter valued at approximately $28,000. New York State Common Retirement Fund acquired a new stake in shares of Grail during the 4th quarter worth approximately $59,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Grail in the 4th quarter worth approximately $64,000. Finally, PNC Financial Services Group Inc. acquired a new position in Grail during the 4th quarter valued at approximately $86,000.

Grail Stock Down 1.7 %

Shares of Grail stock opened at $32.88 on Friday. The business’s fifty day moving average price is $30.64 and its two-hundred day moving average price is $20.84. Grail, Inc. has a 1-year low of $12.33 and a 1-year high of $63.99.

Grail (NASDAQ:GRAL) last announced its earnings results on Thursday, February 20th. The company reported ($1.86) earnings per share for the quarter, beating the consensus estimate of ($4.41) by $2.55. The business had revenue of $38.25 million for the quarter, compared to the consensus estimate of $35.33 million. On average, analysts predict that Grail, Inc. will post -15.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

GRAL has been the topic of a number of recent research reports. Wolfe Research initiated coverage on Grail in a research note on Friday, November 15th. They issued a “peer perform” rating on the stock. Morgan Stanley started coverage on Grail in a research report on Wednesday, November 27th. They set an “equal weight” rating and a $16.00 price objective for the company.

Grail Company Profile

GRAIL, Inc is a healthcare company. It engages in the development of a technology for early detection of cancer. The company was founded by Jeffrey T. Huber, William H. Rastetter, and Mostafa Ronaghi on September 11, 2015 and is headquartered in Menlo Park, CA.