Shoals Technologies Group Inc (SHLS) last month performance of 0.38% certainly makes it a sizzling prospect

Witnessing the stock’s movement on the chart, on Wednesday, Shoals Technologies Group Inc (NASDAQ: SHLS) set off with pace as it heaved 4.99% to $5.26, before settling in for the price of $5.01 at the close. Taking a more long-term approach, SHLS posted a 52-week range of $4.07-$17.50.

The Technology sector firm’s twelve-monthly sales growth has been 37.02% for the last half of the decade. 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 $165.12 million. The organization now has a market capitalization sitting at $920.59 million. At the time of writing, stock’s 50-day Moving Average stood at $5.28, while the 200-day Moving Average is $7.57.

Shoals Technologies Group Inc (SHLS) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Solar industry. Shoals Technologies Group Inc’s current insider ownership accounts for 0.95%, in contrast to 104.82% institutional ownership. According to the most recent insider trade that took place on Nov 22 ’24, this organization’s Chief Financial Officer bought 15,000 shares at the rate of 4.71, making the entire transaction reach 70,650 in total value, affecting insider ownership by 240,409. Preceding that transaction, on Nov 21 ’24, Company’s Chief Executive Officer bought 22,300 for 4.55, making the whole transaction’s value amount to 101,465. This particular insider is now the holder of 593,700 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 0.43 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 22.00% 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 0.40. Alongside those numbers, its PE Ratio stands at $27.23, and its Beta score is 1.67. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.18. Similarly, its price to free cash flow for trailing twelve months is now 11.08.

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 0.43 at the market close of one year from today.

Technical Analysis of Shoals Technologies Group Inc (SHLS)

Going through the that latest performance of [Shoals Technologies Group Inc, SHLS]. Its last 5-days volume of 5.56 million indicated improvement to the volume of 5.01 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 82.12% While, its Average True Range was 0.40.

Raw Stochastic average of Shoals Technologies Group Inc (SHLS) in the period of the previous 100 days is set at 39.53%, which indicates a major fall in contrast to 66.85% 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 115.32% that was higher than 72.60% volatility it exhibited in the past 100-days period.