Shoals Technologies Group Inc (NASDAQ: SHLS) started the day on Wednesday, with a price increase of 6.27% at $4.41, before settling in for the price of $4.15 at the close. Taking a more long-term approach, SHLS posted a 52-week range of $4.14-$17.50.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 37.02%. Meanwhile, its Annual Earning per share during the time was 19.43%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -46.20%. This publicly-traded company’s shares outstanding now amounts to $170.12 million, simultaneously with a float of $164.99 million. The organization now has a market capitalization sitting at $735.14 million. At the time of writing, stock’s 50-day Moving Average stood at $5.43, while the 200-day Moving Average is $7.85.
Shoals Technologies Group Inc (SHLS) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Solar Industry. Shoals Technologies Group Inc’s current insider ownership accounts for 1.03%, in contrast to 104.82% institutional ownership. According to the most recent insider trade that took place on Sep 16 ’24, this organization’s President sold 2,110 shares at the rate of 6.34, making the entire transaction reach 13,377 in total value, affecting insider ownership by 125,761. Preceding that transaction, on Sep 16 ’24, Company’s Chief Accounting Officer sold 350 for 6.33, making the whole transaction’s value amount to 2,216. This particular insider is now the holder of 37,675 in total.
Shoals Technologies Group Inc (SHLS) Earnings and Revenue Records
Shoals Technologies Group Inc’s EPS decrease for this current 12-month fiscal period is -46.20% and is forecasted to reach 0.44 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.50% through the next 5 years, which can be compared against the 19.43% growth it accomplished over the previous five years trading on the market.
Shoals Technologies Group Inc (NASDAQ: SHLS) Trading Performance Indicators
Let’s observe the current performance indicators for Shoals Technologies Group Inc (SHLS). It’s Quick Ratio in the last reported quarter now stands at 1.36. The Stock has managed to achieve an average true range (ATR) of 0.42. Alongside those numbers, its PE Ratio stands at $22.83, and its Beta score is 1.66. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.74. Similarly, its price to free cash flow for trailing twelve months is now 8.85.
In the same vein, SHLS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.19, a figure that is expected to reach 0.09 in the next quarter, and analysts are predicting that it will be 0.44 at the market close of one year from today.
Technical Analysis of Shoals Technologies Group Inc (SHLS)
If we take a close look at the recent performances of Shoals Technologies Group Inc (NASDAQ: SHLS), its last 5-days Average volume was 6.54 million that shows progress from its year to date volume of 5.0 million. During the previous 9 days, stock’s Stochastic %D was recorded 7.36% While, its Average True Range was 0.45.
Raw Stochastic average of Shoals Technologies Group Inc (SHLS) in the period of the previous 100 days is set at 11.30%, which indicates a major fall in contrast to 16.11% 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 110.84% that was higher than 70.37% volatility it exhibited in the past 100-days period.
