A new trading day began on Monday, with Latham Group Inc (NASDAQ: SWIM) stock price up 9.57% from the previous day of trading, before settling in for the closing price of $6.48. SWIM’s price has ranged from $2.11 to $7.33 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 18.73%. Meanwhile, its annual earnings per share averaged -80.31%. With a float of $38.28 million, this company’s outstanding shares have now reached $115.59 million.
Considering the fact that the conglomerate employs 1760 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 26.17%, operating margin of 4.89%, and the pretax margin is -0.77%.
Latham Group Inc (SWIM) Insider Activity
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 66.90%, while institutional ownership is 33.76%. The most recent insider transaction that took place on Nov 11 ’24, was worth 69,377. In this transaction CHIEF OPERATING OFFICER of this company sold 11,750 shares at a rate of $5.90, taking the stock ownership to the 262,811 shares. Before that another transaction happened on Nov 11 ’24, when Company’s CHIEF FINANCIAL OFFICER bought 9,000 for $5.73, making the entire transaction worth $51,570. This insider now owns 291,706 shares in total.
Latham Group Inc (SWIM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -80.31% 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 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.62. Likewise, its price to free cash flow for the trailing twelve months is 12.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.10, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.08 in one year’s time.
Technical Analysis of Latham Group Inc (SWIM)
Compared to the last year’s volume of 0.45 million, its volume of 0.56 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 37.62%. Additionally, its Average True Range was 0.39.
During the past 100 days, Latham Group Inc’s (SWIM) raw stochastic average was set at 94.80%, which indicates a significant increase from 87.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.91% in the past 14 days, which was lower than the 82.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.50, while its 200-day Moving Average is $4.64. Nevertheless, the first resistance level for the watch stands at $7.35 in the near term. At $7.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.88. If the price goes on to break the first support level at $6.82, it is likely to go to the next support level at $6.55. Should the price break the second support level, the third support level stands at $6.29.
Latham Group Inc (NASDAQ: SWIM) Key Stats
With a market capitalization of 828.61 million, the company has a total of 115,625K Shares Outstanding. Currently, annual sales are 566,490 K while annual income is -2,390 K. The company’s previous quarter sales were 150,500 K while its latest quarter income was 5,900 K.
