The Technical Analyst

Gravity Co Ltd [GRVY]

Exchange: NASDAQ Sector: Communication Services Industry: Electronic Gaming & Multimedia

Gravity Co Ltd Price, Forecast, Insider, Ratings, Fundamentals & Signals

Current Signal: SELL (auto-tracking)

-1.71% KRW66.69

America/New_York / 25 apr 2024 @ 16:00

FIND ALL MARKETS FIND ALL STOCKS LISTED @ NASDAQ Live Signal Oslo Live Signal Nasdaq Live Signal Crypto

Gravity Co Ltd: Main Fundamentals PE comparison

FUNDAMENTALS
MarketCap:	463.42 mill
EPS:	13.75
P/E:	4.85
Earnings Date:	May 08, 2024
SharesOutstanding:	6.95 mill
Avg Daily Volume:	0.0346 mill

RATING 2024-04-25
A-
Buy

RATINGS
Rating CashFlow:	Strong Buy
Return On Equity:	Buy
Return On Asset:	Strong Buy
DE:	Sell
P/E:	Neutral
Price To Book:	Sell

QUARTER GROWTHS
	3/22	4/22	1/23	2/23	3/23	4/23
Revenue
Gr.Profit
Ebit
Asset
Debt				n/a	n/a	n/a

PE RATIO: COMPANY / SECTOR
0.30x
Company: PE 4.85 \| sector: PE 16.27

PE RATIO: COMPANY / INDUSTRY
0.15x
Company: PE 4.85 \| industry: PE 33.16

DISCOUNTED CASH FLOW VALUE
N/A
N/A

Expected Trading Range (DAY)
KRW 63.82 - 68.88 ( +/- 3.82%)
ATR Model: 14 days

Live Trading Signals (every 1 min)

Forecast 1: 16:00 - KRW66.50

Forecast 2: 16:00 - KRW66.50

Forecast 3: 16:00 - KRW66.50

SCORE
10.00
Buy

Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022

Indicator Signals
RSI 21
SMA
Trend
Trend 2
Trend 3
MACD

Volume Signals
Price	KRW66.69 (-1.71% )
Volume	0.0255 mill
Avg. Vol.	0.0346 mill
% of Avg. Vol	73.77 %
Signal 1:
Signal 2:

Today

Intraday chart data with high, low, open and close for Gravity Co Ltd

Last 12 Months

RSI

Last 10 Buy & Sell Signals For GRVY

0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%

Avg return buy: 0.00 % | Avg return sell: 0.00 %

$1 invested is now $1.00 or 0.00% since Coming Soon

Date	Signal	@	Closed	%
Feb 8 - 15:22	buy	KRW66.21	N/A	Active

GRVY

Gravity Co., Ltd. develops and publishes online and mobile games in South Korea, Taiwan, Thailand, and Japan. The company offers a massively multiplayer online role-playing game, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Prequel II. Its mobile games portfolio includes Ragnarok M: Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; the Labyrinth of Ragnarok; Ragnarok Poring Merge; Tera Classic; Ragnarok: The Lost Memories; Sadako M; NBA: Rise To Stardom; Milkmaid Of The Milky Way; and Paladog Tactics. The company also provides console games, such as Ragnarok DS for Nintendo DS; Ragnarok: The Princess of Light and Darkness for PlayStation Portable; Ragnarok Odyssey for PlayStation Vita; Double Dragon II for Xbox 360; Ragnarok Odyssey Ace for PlayStation Vita and PlayStation 3; and GRANDIA HD Collection for Nintendo Switch. In addition, it offers games for IPTV, including Pororo: The Little Penguin; and markets dolls, stationery, food, and other character-based merchandises, as well as game manuals, monthly magazines, and other publications. Further, the company provides system development and maintenance services, as well as system integration services to third parties. As of December 31, 2021, it owned 156 registered domain names. The company was incorporated in 2000 and is headquartered in Seoul, South Korea. Gravity Co., Ltd. is a subsidiary of GungHo Online Entertainment, Inc.

Last 10 Buy Signals

Date	Signal	@
ALPHUSD	Apr 25 - 20:58	2.45
WAMPLUSD	Apr 25 - 20:55	25.52
XCADUSD	Apr 25 - 20:53	0.832
MUSEUSD	Apr 25 - 20:48	15.67
RARIUSD	Apr 25 - 20:47	3.84
ORNUSD	Apr 25 - 20:44	$1.765
TFUELUSD	Apr 25 - 20:41	$0.126
SUSHIUSD	Apr 25 - 20:41	$1.020
TUSDUSD	Apr 25 - 20:36	$0.998
ZMUSD	Apr 25 - 20:24	346.00

Latest Press Releases

2024-03-27 06:00:00 - Press Release

China Reactcs To Ragnarok Origin Launch

Seoul, south korea, march 27, 2024 (globe newswire) -- gravity co., ltd. (nasdaqgm: grvy) (“gravity” or “company”), a developer and publisher of online and mobile games, announced that ragnarok origin launched in china on march 26, 2024 at 8:00 am chinese standard time (cst). the game's publisher in china is beijing ruyi jingxiu network technology co., ltd, and chinese players can download the game through major local application markets and apple's app store.

2024-03-18 06:00:00 - Press Release

Ragnarok Origin, Grand Launch In China On March 26, 2024!

Seoul, march 18, 2024 (globe newswire) -- gravity co., ltd. (nasdaqgm: grvy) (“gravity” or “company”), a developer and publisher of online and mobile games, today announced that ragnarok origin will launch in china on march 26, 2024. the game received a isbn by chinese government in august 2023.

2024-02-29 06:00:00 - Press Release

Ragnarok Online Received A Isbn Code By Chinese Government

Seoul, feb. 29, 2024 (globe newswire) -- gravity co., ltd. (nasdaqgm: grvy) (“gravity” or “company”), a developer and publisher of online and mobile games, today announced that ragnarok online, mmorpg pc game, received a isbn code by chinese government disclosed on february 26, 2024.

2024-02-26 06:00:00 - Press Release

Ragnarok Origin Reinvented Version Launching In North, Central, South America On February 28, 2024

Seoul, feb. 26, 2024 (globe newswire) -- gravity co., ltd. (nasdaqgm: grvy) (“gravity” or “company”), a developer and publisher of online and mobile games, today announced that ragnarok origin will be launched in north, central, south america on february 28, 2024, and gravity game vision ltd (“ggv”), gravity's subsidiary in hong kong, is publishing the game.

2024-02-14 06:00:00 - Press Release

Gravity Reports Preliminary Unaudited 4q 2023 Results And Business Updates

Seoul, feb. 14, 2024 (globe newswire) -- gravity co., ltd. (nasdaqgm: grvy) (“gravity” or “company”), a developer and publisher of online and mobile games based in south korea, today announced its unaudited financial results for the fourth quarter ended december 31, 2023, prepared in accordance with international financial reporting standards as issued by the international accounting standards board and business updates.

Latest News

2024-03-25 23:05:03 - Seeking Alpha

Gravity: Amazing Performance, But Reach Is Key

Gravity Co. is set to report Q4 earnings, with revenues skyrocketing due to the success of its Ragnarök games in the mobile segment. GRVY's financials remain strong, with no debt and a significant amount of cash and short-term investments. Despite impressive revenue growth, the company's share price has not reflected this, leading to a potential undervaluation.

Full Story

2024-02-08 12:15:40 - InvestorPlace

3 Sorry Gaming Stocks to Sell in February While You Still Can

The video gaming business continues to be the fastest growing segment of the entertainment industry. Grand View Research forecasts that the global video game market will grow at a compound annual growth rate (CAGR) of 13.4% between now and 2030.

Full Story

2023-11-15 05:41:02 - Seeking Alpha

Gravity: A Classic Mohnish Pabrai - Huge Upside Limited Downside Risk

Gravity's sales of the Ragnarok series are poised for sustained profitability until 2033, with exclusive rights offering a long runway for continued success and financial gains. The company's attractive valuation, low P/E ratio, and strong financial position make it an appealing investment compared to peers. Gravity's exclusive rights to the Ragnarok IP until 2033 provide stability, but competition and reliance on one IP pose risks.

Full Story

2023-11-02 04:00:56 - Seeking Alpha

Gravity's Impressive 2023: A Strong Buy With The Potential Behind Ragnarok Online

Gravity experienced a 47.9% share price increase in 2023, emphasizing the success of its core products like Ragnarok Online. Gravity's mobile game revenues soared by 57.3% QoQ, contrasting with a decline in online game revenues, highlighting a shift towards mobile gaming. GRVY is exploring the blockchain gaming sphere, with titles such as Ragnarok Landverse and Ragnarok Monster World set to release between 2023 and 2024.

Full Story

2023-07-29 14:13:07 - InvestorPlace

3 Millionaire-Maker Long-Term Stocks to Buy Before the Window Closes

Are you looking for stocks with massive upside potential? Who isn't?

Full Story

2023-07-04 03:49:05 - Seeking Alpha

Gravity: Attractive Upside And Minimal Near-Term Risks

I expect GRVY to see continuing growth due to the Ragnarok Origin launches in Southeast Asia in April and Global market, including the US, in Q4. GRVY has continued to display strong fundamentals as of Q1. Near-term risk remains minimal. At $70 per share today, GRVY stock is undervalued in my opinion. I rate GRVY a buy.

Full Story

2023-05-20 07:19:00 - The Motley Fool

3 Hypergrowth Stocks to Buy in 2023 and Beyond

Hypergrowth stocks can offer exciting rewards but also come with significant risks. A robust business plan is crucial for any company hoping to successfully transition from the volatile hypergrowth stage to a sustainable success story.

Full Story

2023-02-12 07:19:34 - Seeking Alpha

Gravity: A Benjamin Graham Net Cash Pick

Gravity is a leading online game maker in Asia, with rising cash holdings approaching the total market capitalization of share ownership. Solid income levels and a stable future are completely mispriced today, in my view.

Full Story

2023-01-07 15:52:21 - InvestorPlace

7 Must-Buy Value Stocks for Your January Buy List

Fundamentally, the narrative for value stocks to buy in Jan. (or any other month) sells itself. Even the wealthiest among us find great deals attractive.

Full Story

2022-08-30 08:42:26 - Seeking Alpha

Gravity: What Goes Down Must Come Up

Gravity is a South Korean gaming company with great financials and a strong Asian fanbase. The stock has dropped sharply from its highs and remains depressed for reasons that do not appear to be well understood by the market.

Full Story

Disclaimer:

"JimStromberg.com" is a research service that provides financial data and technical analysis of publicly traded stocks. All users should speak with their financial advisor before buying or selling any securities. Users should not base their investment decision upon "JimStromberg.com". By using the site you agree and are held liable for your own investment decisions and agree to Terms of Use and Privacy Policy. Please read the full disclaimer here.