Recent developments with Solo Brands Inc (DTC) have led to the company’s beta value being reach 2.58 cents.

QCOM

On Friday, Solo Brands Inc (NYSE: DTC) opened lower -5.10% from the last session, before settling in for the closing price of $1.96. Price fluctuations for DTC have ranged from $1.74 to $6.67 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 115.30%. Company’s average yearly earnings per share was noted -12.90% at the time writing. With a float of $27.64 million, this company’s outstanding shares have now reached $57.95 million.

The extent of productivity of a business whose workforce counts for 400 workers is very important to gauge.

Solo Brands Inc (DTC) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Internet Retail industry is another important factor to consider. The insider ownership of Solo Brands Inc is 52.49%, while institutional ownership is 41.35%. The most recent insider transaction that took place on Mar 15 ’24, was worth 226,560. In this transaction President & CEO of this company bought 100,000 shares at a rate of $2.27, taking the stock ownership to the 100,000 shares. Before that another transaction happened on Nov 09 ’23, when Company’s Chief Financial Officer sold 115,537 for $4.35, making the entire transaction worth $502,725. This insider now owns 58,793 shares in total.

Solo Brands Inc (DTC) Latest Financial update

If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.22 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.21) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -12.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.60% during the next five years compared to -56.72% drop over the previous five years of trading.

Solo Brands Inc (NYSE: DTC) Trading Performance Indicators

Check out the current performance indicators for Solo Brands Inc (DTC). In the past quarter, the stock posted a quick ratio of 1.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22. Likewise, its price to free cash flow for the trailing twelve months is 5.53.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.01, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.57 in one year’s time.

Technical Analysis of Solo Brands Inc (DTC)

The latest stats from [Solo Brands Inc, DTC] show that its last 5-days average volume of 0.34 million was inferior to 0.83 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 27.03%. Additionally, its Average True Range was 0.11.

During the past 100 days, Solo Brands Inc’s (DTC) raw stochastic average was set at 2.81%, which indicates a significant decrease from 6.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.59% in the past 14 days, which was lower than the 96.72% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.9822, while its 200-day Moving Average is $3.7590. Now, the first resistance to watch is $1.9433. This is followed by the second major resistance level at $2.0267. The third major resistance level sits at $2.0833. If the price goes on to break the first support level at $1.8033, it is likely to go to the next support level at $1.7467. The third support level lies at $1.6633 if the price breaches the second support level.

Solo Brands Inc (NYSE: DTC) Key Stats

There are currently 91,268K shares outstanding in the company with a market cap of 108.08 million. Presently, the company’s annual sales total 494,780 K according to its annual income of -111,350 K. Last quarter, the company’s sales amounted to 85,320 K and its income totaled -3,400 K.