Designer Brands Inc (DBI) volume exceeds 1.85 million: A new investment opportunity for investors

On Monday, Designer Brands Inc (NYSE: DBI) opened higher 7.11% from the last session, before settling in for the closing price of $6.89. Price fluctuations for DBI have ranged from $4.36 to $13.16 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

A company in the Consumer Cyclical sector has jumped its sales by 2.68% annually for the last half of the decade. Company’s average yearly earnings per share was noted -22.96% at the time writing. With a float of $41.08 million, this company’s outstanding shares have now reached $49.49 million.

In an organization with 14000 employees, it is important to assess its efficiency.

Designer Brands Inc (DBI) Insider Updates

A key investor’s attitude towards the stock of the Footwear & Accessories industry is another important factor to consider. The insider ownership of Designer Brands Inc is 25.98%, while institutional ownership is 103.58%. The most recent insider transaction that took place on Sep 17 ’24, was worth 145,640. In this transaction Director of this company sold 22,000 shares at a rate of $6.62, taking the stock ownership to the 3,180 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Director proposed sale 22,000 for $5.99, making the entire transaction worth $131,780.

Designer Brands Inc (DBI) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -22.96% per share during the next fiscal year.

Designer Brands Inc (NYSE: DBI) Trading Performance Indicators

Check out the current performance indicators for Designer Brands Inc (DBI). In the past quarter, the stock posted a quick ratio of 0.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 0.75 in one year’s time.

Technical Analysis of Designer Brands Inc (DBI)

Let’s dig in a bit further. During the last 5-days, its volume was 2.54 million. That was better than the volume of 2.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 83.93%. Additionally, its Average True Range was 0.46.

During the past 100 days, Designer Brands Inc’s (DBI) raw stochastic average was set at 45.07%, which indicates a significant decrease from 97.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.53% in the past 14 days, which was higher than the 70.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.02, while its 200-day Moving Average is $8.48. However, in the short run, Designer Brands Inc’s stock first resistance to watch stands at $7.63. Second resistance stands at $7.87. The third major resistance level sits at $8.29. If the price goes on to break the first support level at $6.97, it is likely to go to the next support level at $6.55. Assuming the price breaks the second support level, the third support level stands at $6.31.

Designer Brands Inc (NYSE: DBI) Key Stats

There are currently 57,803K shares outstanding in the company with a market cap of 409.59 million. Presently, the company’s annual sales total 3,075 M according to its annual income of 29,060 K. Last quarter, the company’s sales amounted to 771,900 K and its income totaled 13,820 K.