Gravity Co Ltd Adr has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 11, 2015 with the ratio of 1-for-8, meaning that for 8 shares of GRVY owned pre-split, shareholders then owned 1 share. The most recent stock split took place on August 28, 2018 on a 2-for-1 basis.
These actions have increased GRVY stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Gravity Co Ltd Adr's total market capitalization.
For more detailed information of Gravity Co Ltd Adr's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Gravity Co Ltd Adr has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when GRVY stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Gravity Co Ltd Adr's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
