Latham Group Inc (NASDAQ: SWIM) kicked off on Friday, up 12.46% from the previous trading day, before settling in for the closing price of $5.78. Over the past 52 weeks, SWIM has traded in a range of $2.04-$6.34.
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Annual sales at Industrials sector company grew by 18.73% over the past five years. While this was happening, its average annual earnings per share was recorded -60.61%. With a float of $36.79 million, this company’s outstanding shares have now reached $114.87 million.
Let’s look at the performance matrix of the company that is accounted for 1760 employees. In terms of profitability, gross margin is 25.55%, operating margin of 5.69%, and the pretax margin is 0.58%.
Latham Group Inc (SWIM) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Building Products & Equipment Industry. The insider ownership of Latham Group Inc is 68.17%, while institutional ownership is 27.08%. The most recent insider transaction that took place on Aug 16 ’24, was worth 201,022. Before that another transaction happened on Aug 16 ’24, when Company’s CHIEF EXECUTIVE OFFICER sold 33,000 for $6.09, making the entire transaction worth $200,970. This insider now owns 516,680 shares in total.
Latham Group Inc (SWIM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -60.61% per share during the next fiscal year.
Latham Group Inc (NASDAQ: SWIM) Trading Performance Indicators
Take a look at Latham Group Inc’s (SWIM) current performance indicators. Last quarter, stock had a quick ratio of 2.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44. Likewise, its price to free cash flow for the trailing twelve months is 9.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.10, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.13 in one year’s time.
Technical Analysis of Latham Group Inc (SWIM)
Latham Group Inc (NASDAQ: SWIM) saw its 5-day average volume 0.59 million, a positive change from its year-to-date volume of 0.4 million. As of the previous 9 days, the stock’s Stochastic %D was 72.86%. Additionally, its Average True Range was 0.43.
During the past 100 days, Latham Group Inc’s (SWIM) raw stochastic average was set at 99.52%, which indicates a significant increase from 99.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 151.30% in the past 14 days, which was higher than the 95.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.86, while its 200-day Moving Average is $3.21. Nevertheless, the first resistance level for the watch stands at $6.74 in the near term. At $6.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.45. If the price goes on to break the first support level at $6.03, it is likely to go to the next support level at $5.57. Assuming the price breaks the second support level, the third support level stands at $5.32.
Latham Group Inc (NASDAQ: SWIM) Key Stats
The company with the Market Capitalisation of 751.27 million has total of 115,573K Shares Outstanding. Its annual sales at the moment are 566,490 K in contrast with the sum of -2,390 K annual income. Company’s last quarter sales were recorded 160,120 K and last quarter income was 13,280 K.
