Latham Group Inc (SWIM) volume exceeds 0.73 million: A new investment opportunity for investors

On Tuesday, Latham Group Inc (NASDAQ: SWIM) was 4.17% up from the session before settling in for the closing price of $7.44. A 52-week range for SWIM has been $2.11 – $8.41.

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

A company in the Industrials sector has jumped its sales by 18.73% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -80.31%. With a float of $38.32 million, this company’s outstanding shares have now reached $115.59 million.

In an organization with 1760 employees, it is important to assess its efficiency. 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 Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Latham Group Inc stocks. The insider ownership of Latham Group Inc is 66.86%, while institutional ownership is 33.76%. The most recent insider transaction that took place on Dec 11 ’24, was worth 184,971. In this transaction CHIEF EXECUTIVE OFFICER of this company sold 22,191 shares at a rate of $8.34, taking the stock ownership to the 480,829 shares. Before that another transaction happened on Dec 11 ’24, when Company’s Officer proposed sale 28,292 for $8.35, making the entire transaction worth $236,220.

Latham Group Inc (SWIM) Performance Highlights and Predictions

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

You can see what Latham Group Inc (SWIM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.75. Likewise, its price to free cash flow for the trailing twelve months is 13.87.

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)

Let’s dig in a bit further. During the last 5-days, its volume was 0.81 million. That was better than the volume of 0.46 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 60.53%. Additionally, its Average True Range was 0.47.

During the past 100 days, Latham Group Inc’s (SWIM) raw stochastic average was set at 87.62%, which indicates a significant increase from 68.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.40% in the past 14 days, which was lower than the 84.12% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.64, while its 200-day Moving Average is $4.78. However, in the short run, Latham Group Inc’s stock first resistance to watch stands at $7.95. Second resistance stands at $8.16. The third major resistance level sits at $8.50. If the price goes on to break the first support level at $7.41, it is likely to go to the next support level at $7.07. Assuming the price breaks the second support level, the third support level stands at $6.87.

Latham Group Inc (NASDAQ: SWIM) Key Stats

There are 115,625K outstanding shares of the company, which has a market capitalization of 896.09 million. As of now, sales total 566,490 K while income totals -2,390 K. Its latest quarter income was 150,500 K while its last quarter net income were 5,900 K.