A new trading day began on Friday, with Destination XL Group Inc (NASDAQ: DXLG) stock price down -10.08% from the previous day of trading, before settling in for the closing price of $2.58. DXLG’s price has ranged from $2.19 to $4.76 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 4.89%. Meanwhile, its annual earnings per share averaged -72.00%. With a float of $52.94 million, this company’s outstanding shares have now reached $57.99 million.
The extent of productivity of a business whose workforce counts for 1439 workers is very important to gauge. In terms of profitability, gross margin is 45.78%, operating margin of 2.81%, and the pretax margin is 2.98%.
Destination XL Group Inc (DXLG) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Apparel Retail Industry. The insider ownership of Destination XL Group Inc is 9.12%, while institutional ownership is 85.39%. The most recent insider transaction that took place on May 03 ’24, was worth 708,795. In this transaction 10% Owner of this company sold 225,000 shares at a rate of $3.15, taking the stock ownership to the 5,691,577 shares. Before that another transaction happened on Feb 15 ’24, when Company’s General Counsel & Secretary sold 20,000 for $4.00, making the entire transaction worth $80,006. This insider now owns 240,409 shares in total.
Destination XL Group Inc (DXLG) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -72.00% per share during the next fiscal year.
Destination XL Group Inc (NASDAQ: DXLG) Trading Performance Indicators
Here are Destination XL Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25. Likewise, its price to free cash flow for the trailing twelve months is 48.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.15, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.17 in one year’s time.
Technical Analysis of Destination XL Group Inc (DXLG)
The latest stats from [Destination XL Group Inc, DXLG] show that its last 5-days average volume of 0.36 million was superior to 0.31 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 12.63%. Additionally, its Average True Range was 0.16.
During the past 100 days, Destination XL Group Inc’s (DXLG) raw stochastic average was set at 7.47%, which indicates a significant increase from 2.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.88% in the past 14 days, which was higher than the 49.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.80, while its 200-day Moving Average is $3.26. Now, the first resistance to watch is $2.43. This is followed by the second major resistance level at $2.55. The third major resistance level sits at $2.61. If the price goes on to break the first support level at $2.25, it is likely to go to the next support level at $2.19. The third support level lies at $2.07 if the price breaches the second support level.
Destination XL Group Inc (NASDAQ: DXLG) Key Stats
With a market capitalization of 121.54 million, the company has a total of 58,258K Shares Outstanding. Currently, annual sales are 521,820 K while annual income is 27,850 K. The company’s previous quarter sales were 124,820 K while its latest quarter income was 2,380 K.
