A new trading day began on Monday, with Latham Group Inc (NASDAQ: SWIM) stock price down -3.35% from the previous day of trading, before settling in for the closing price of $7.17. SWIM’s price has ranged from $2.04 to $7.33 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
During the last 5-year period, the sales growth of Industrials Sector giant was 18.73%. Meanwhile, its annual earnings per share averaged -37.86%. With a float of $36.82 million, this company’s outstanding shares have now reached $114.87 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Building Products & Equipment Industry. The insider ownership of Latham Group Inc is 68.15%, while institutional ownership is 27.14%. The most recent insider transaction that took place on Aug 26 ’24, was worth 169,066. In this transaction CHIEF EXECUTIVE OFFICER of this company sold 25,851 shares at a rate of $6.54, taking the stock ownership to the 490,829 shares. Before that another transaction happened on Aug 26 ’24, when Company’s Officer proposed sale 35,851 for $6.58, making the entire transaction worth $236,032.
Latham Group Inc (SWIM) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -37.86% per share during the next fiscal year.
Latham Group Inc (NASDAQ: SWIM) Trading Performance Indicators
Here are Latham Group Inc’s current performance indicators. According to the last quarter’s results, the 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 1.53. Likewise, its price to free cash flow for the trailing twelve months is 10.23.
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 0.15 in one year’s time.
Technical Analysis of Latham Group Inc (SWIM)
Looking closely at Latham Group Inc (NASDAQ: SWIM), its last 5-days average volume was 0.65 million, which is a jump from its year-to-date volume of 0.42 million. As of the previous 9 days, the stock’s Stochastic %D was 64.23%. Additionally, its Average True Range was 0.29.
During the past 100 days, Latham Group Inc’s (SWIM) raw stochastic average was set at 91.65%, which indicates a significant increase from 58.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.07% in the past 14 days, which was lower than the 84.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.36, while its 200-day Moving Average is $4.00. However, in the short run, Latham Group Inc’s stock first resistance to watch stands at $7.10. Second resistance stands at $7.27. The third major resistance level sits at $7.36. If the price goes on to break the first support level at $6.84, it is likely to go to the next support level at $6.75. Now, if the price goes above the second support level, the third support stands at $6.58.
Latham Group Inc (NASDAQ: SWIM) Key Stats
With a market capitalization of 800.97 million, the company has a total of 115,573K Shares Outstanding. Currently, annual sales are 566,490 K while annual income is -2,390 K. The company’s previous quarter sales were 160,120 K while its latest quarter income was 13,280 K.
