Shyft Group Inc (NASDAQ: SHYF) kicked off on Monday, down -4.02% from the previous trading day, before settling in for the closing price of $14.68. Over the past 52 weeks, SHYF has traded in a range of $9.81-$17.56.
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Industrials Sector giant saw their annual sales surged by 11.43% over the last five years. While this was happening, its average annual earnings per share was recorded -23.15%. With a float of $31.05 million, this company’s outstanding shares have now reached $34.30 million.
The firm has a total of 3000 workers. Let’s measure their productivity.
Shyft Group Inc (SHYF) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of Shyft Group Inc is 9.91%, while institutional ownership is 93.73%. The most recent insider transaction that took place on Feb 26 ’24, was worth 49,995. In this transaction President and CEO of this company bought 4,545 shares at a rate of $11.00, taking the stock ownership to the 35,894 shares. Before that another transaction happened on Oct 31 ’23, when Company’s Chief Legal Officer bought 2,254 for $11.05, making the entire transaction worth $24,907. This insider now owns 39,105 shares in total.
Shyft Group Inc (SHYF) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -23.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to -15.27% drop over the previous five years of trading.
Shyft Group Inc (NASDAQ: SHYF) Trading Performance Indicators
Take a look at Shyft Group Inc’s (SHYF) current performance indicators. Last quarter, stock had a quick ratio of 1.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.07, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.83 in one year’s time.
Technical Analysis of Shyft Group Inc (SHYF)
Analysing the last 5-days average volume posted by the [Shyft Group Inc, SHYF], we can find that recorded value of 0.53 million was better than the volume posted last year of 0.33 million. As of the previous 9 days, the stock’s Stochastic %D was 51.65%. Additionally, its Average True Range was 0.99.
During the past 100 days, Shyft Group Inc’s (SHYF) raw stochastic average was set at 54.52%, which indicates a significant increase from 44.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 110.78% in the past 14 days, which was higher than the 62.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.41, while its 200-day Moving Average is $11.72. Now, the first resistance to watch is $14.53. This is followed by the second major resistance level at $14.96. The third major resistance level sits at $15.60. If the price goes on to break the first support level at $13.46, it is likely to go to the next support level at $12.82. Now, if the price goes above the second support level, the third support stands at $12.39.
Shyft Group Inc (NASDAQ: SHYF) Key Stats
The company with the Market Capitalisation of 485.54 million has total of 34,374K Shares Outstanding. Its annual sales at the moment are 872,200 K in contrast with the sum of 6,500 K annual income. Company’s last quarter sales were recorded 192,780 K and last quarter income was 2,160 K.
