GRAVITY stock: buy or sell?

GRVY stock price: $28.73 3.27% At close on February 14th, 2020

Updated on:
February 14th, 2020

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After sliding a hair-raising -22.90% on Thursday, GRAVITY closed on Feb/14 at $28.73 and escalated a cool 3.27%.

Gravity Co., Ltd. develops and publishes online games in South Korea, Japan, the United States, Canada, Taiwan, Hong Kong, Macau, China, and internationally.

Should I buy GRAVITY stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with GRAVITY stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean GRVY will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is GRAVITY stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for GRVY stock for the last month.

GRAVITY stock analysis

Daily outlook

After sliding a hair-raising -22.90% on Thursday, GRAVITY closed on February 14th at $28.73 and escalated a cool 3.27%.

After sliding a hair-raising -22.90% on Thursday, GRAVITY closed on February/14 at $28.73 and escalated a cool 3.27%. Since SMA50d and SMA100d crossed up on November, GRVY price slid a -27.21%.

GRVY stock chart (daily)

Weekly outlook

GRAVITY closed this week at $28.73 and plunged a dreadful -12.41%. For 4 weeks in a row, price slid and lost a -23.08%. By mid January GRVY climbed an exceptional 7.75% in just one week.

Since price and 40-weeks moving average lines crossed down late June 2019, GRVY fell $-30.22 per share (-51.26%). Stocks below the 40-weeks moving average line are usually not recommended for average traders. Far behind is the all-time high GRAVITY recorded late May 2019 and since then the price is -70.23% below that top.

GRVY stock chart (weekly)

GRAVITY stock price history

GRAVITY IPO was on February 8th, 2005 at $55.04 per share1. Since then, GRVY stock lost a -47.80%, with a yearly average of -3.20%.

1: Adjusted price after possible price splits or reverse-splits.

GRAVITY stock historical price chart

GRVY stock reached all-time highs on May with a price of $96.50.

GRAVITY stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price forecast for GRAVITY stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when GRAVITY posted its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will extend this review.
GRVY earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-04-27n/a1.48n/a
2018-Q12018-04-27n/a0.96n/a
2018-Q22018-07-27n/a1.72n/a
2018-Q32018-10-31n/a0.82n/a
2018-Q42019-02-15n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, GRAVITY annual sales climbed an astounding 102.49% to $286,770.00 million dollars from $141,623.00 marked in 2017. Instead, its earnings margin (compared to sales) stepped up to 10.96%, that is $31,443.00 million.

GRVY annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2012$57,781 M-$-12,224.00 M-21.2%-
2013$44 M-99.92%$-16.99 M-39.0%-99.86%
2014$39,889 M91,430.52%$-20,907.00 M-52.4%122,954.74%
2015$35,660 M-10.60%$-16,965.00 M-47.6%-18.85%
2016$51,396 M44.13%$657 M1.3%-103.87%
2017$141,623 M175.55%$13,319 M9.4%1,927.25%
2018$286,770 M102.49%$31,443 M11.0%136.08%

Quarterly financial results

GRAVITY posted $113,232.00 M in sales for 2018-Q4, a 156.18% up compared to previous quarter. Reported quarter income marked $14,967.00 M with a profit margin of 13.22%. Profit margin slightly fell a -1.06% compared to previous quarter when profit margin was 14.28%. When comparing sales to same quarter last year, GRAVITY sales marked an amazing growth and skyrocketed a 67.70%.
GRVY quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$21 M-$2 M9.3%-
2017-Q2$24 M16.01%$3 M13.2%64.40%
2017-Q3$21 M-13.63%$2 M11.4%-25.47%
2017-Q4$67,521 M327,805.55%$4,898 M7.3%209,204.61%
2018-Q1$66,311 M-1.79%$3,549 M5.4%-27.54%
2018-Q2$63,026 M-4.95%$6,615 M10.5%86.39%
2018-Q3$44,201 M-29.87%$6,312 M14.3%-4.58%
2018-Q4$113,232 M156.18%$14,967 M13.2%137.12%

GRAVITY ownership

When you are planning to invest in a stock, it's worth to review its ownership structure.

GRAVITY shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.00% of all shares.

In case of GRAVITY stock, 8.81% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for GRVY stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related companies:

GRVY
Market cap$199.7 M
Total shares7.0 M
Float shares2.8 M
  - Institutional holdings (%)8.8%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

GRAVITY summary

Friday, February 14th, 2020
Open$27.00
Close$28.73
Day range$27.00 - $29.33
Previous close$27.82
Session gain3.27%
Average true range$1.90
50d mov avg$35.28
100d mov avg$35.25
200d mov avg$42.58
Daily patternlt06c
Weekly pattern lb06a

GRAVITY performance

To measure stock performance is always good to benchmark with competitors or related stocks. We chose as the bechmarking frame for GRAVITY stock.
Stock3m6m12m
GRVYGRAVITY-30.92%-6.48%-45.44%

GRAVITY competitors

Unfortunately, we could not find any public company that could be defined as GRAVITY competitor. This doesn't mean GRAVITY does not have any competitor in the market, it's just we could not detected it.