On Friday, Destination XL Group Inc (NASDAQ: DXLG) was -4.61% drop from the session before settling in for the closing price of $1.85. A 52-week range for DXLG has been $1.77 – $3.93.
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A company in the Consumer Cyclical sector has jumped its sales by 3.13% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -307.14%. With a float of $48.40 million, this company’s outstanding shares have now reached $53.49 million.
In an organization with 1447 employees, it is important to assess its efficiency. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Destination XL Group Inc stocks. The insider ownership of Destination XL Group Inc is 9.57%, while institutional ownership is 86.58%. 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.
Destination XL Group Inc (DXLG) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -307.14% per share during the next fiscal year.
Destination XL Group Inc (NASDAQ: DXLG) Trading Performance Indicators
You can see what Destination XL Group Inc (DXLG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.20. Likewise, its price to free cash flow for the trailing twelve months is 50.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.05, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.05 in one year’s time.
Technical Analysis of Destination XL Group Inc (DXLG)
Let’s dig in a bit further. During the last 5-days, its volume was 0.31 million. That was better than the volume of 0.19 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.15%. Additionally, its Average True Range was 0.12.
During the past 100 days, Destination XL Group Inc’s (DXLG) raw stochastic average was set at 0.74%, which indicates a significant decrease from 2.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.61% in the past 14 days, which was lower than the 60.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.4043, while its 200-day Moving Average is $2.8338. However, in the short run, Destination XL Group Inc’s stock first resistance to watch stands at $1.8433. Second resistance stands at $1.9267. The third major resistance level sits at $1.9733. If the price goes on to break the first support level at $1.7133, it is likely to go to the next support level at $1.6667. The third support level lies at $1.5833 if the price breaches the second support level.
Destination XL Group Inc (NASDAQ: DXLG) Key Stats
There are 54,307K outstanding shares of the company, which has a market capitalization of 94.20 million. As of now, sales total 521,820 K while income totals 27,850 K. Its latest quarter income was 107,500 K while its last quarter net income were -1,810 K.
