Shyft Group Inc (SHYF) volume hits 0.19 million: A New Opening for Investors

Shyft Group Inc (NASDAQ: SHYF) open the trading on Wednesday, with great promise as it jumped 3.84% to $13.26, before settling in for the price of $12.77 at the close. Taking a more long-term approach, SHYF posted a 52-week range of $9.81-$17.56.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 11.43%. Meanwhile, its Annual Earning per share during the time was -15.27%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -23.15%. This publicly-traded company’s shares outstanding now amounts to $34.30 million, simultaneously with a float of $31.06 million. The organization now has a market capitalization sitting at $456.94 million. At the time of writing, stock’s 50-day Moving Average stood at $12.58, while the 200-day Moving Average is $11.82.

Shyft Group Inc (SHYF) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Farm & Heavy Construction Machinery industry. Shyft Group Inc’s current insider ownership accounts for 9.87%, in contrast to 87.05% institutional ownership. According to the most recent insider trade that took place on Feb 26 ’24, this organization’s President and CEO bought 4,545 shares at the rate of 11.00, making the entire transaction reach 49,995 in total value, affecting insider ownership by 35,894. Preceding that transaction, on Oct 31 ’23, Company’s Chief Legal Officer bought 2,254 for 11.05, making the whole transaction’s value amount to 24,907. This particular insider is now the holder of 39,105 in total.

Shyft Group Inc (SHYF) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.

Shyft Group Inc’s EPS decrease for this current 12-month fiscal period is -23.15% and is forecasted to reach 0.83 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.00% through the next 5 years, which can be compared against the -15.27% growth it accomplished over the previous five years trading on the market.

Shyft Group Inc (NASDAQ: SHYF) Trading Performance Indicators

Let’s observe the current performance indicators for Shyft Group Inc (SHYF). It’s Quick Ratio in the last reported quarter now stands at 1.19. The Stock has managed to achieve an average true range (ATR) of 0.76. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.58.

In the same vein, SHYF’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.07, a figure that is expected to reach 0.17 in the next quarter, and analysts are predicting that it will be 0.83 at the market close of one year from today.

Technical Analysis of Shyft Group Inc (SHYF)

[Shyft Group Inc, SHYF] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic%D was recorded 24.78% While, its Average True Range was 0.73.

Raw Stochastic average of Shyft Group Inc (SHYF) in the period of the previous 100 days is set at 43.64%, which indicates a major rise in contrast to 30.38% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 48.65% that was lower than 63.36% volatility it exhibited in the past 100-days period.