Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

We're Not Very Worried About Grace Therapeutics' (NASDAQ:GRCE) Cash Burn Rate [Yahoo! Finance]

Grace Therapeutics, Inc. (GRCE) 
Company Research Source: Yahoo! Finance
For example, Grace Therapeutics NASDAQ:GRCE ) shareholders have done very well over the last year, with the share price soaring by 157%. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly. So notwithstanding the buoyant share price, we think it's well worth asking whether Grace Therapeutics' cash burn is too risky. For the purpose of this article, we'll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Does Grace Therapeutics Have A Long Cash Runway? A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. When Grace Therapeutics last reported Show less Read more
Impact Snapshot
Event Time:
GRCE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GRCE alerts
Opt-in for
GRCE alerts

from News Quantified
Opt-in for
GRCE alerts

from News Quantified