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The closing price of Destination XL Group Inc (NASDAQ: DXLG) was $2.86 for the day, up 1.78% from the previous closing price of $2.81. In other words, the price has increased by $1.78 from its previous closing price. On the day, 0.62 million shares were traded. DXLG stock price reached its highest trading level at $2.94 during the session, while it also had its lowest trading level at $2.77.
Ratios:
Our analysis of DXLG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.08. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 1.13 whereas as Long-Term Debt/Eq ratio is at 0.90.
On September 14, 2021, DA Davidson started tracking the stock assigning a Buy rating and target price of $11.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 03 ’24 when Fund 1 Investments, LLC sold 225,000 shares for $3.15 per share. The transaction valued at 708,795 led to the insider holds 5,691,577 shares of the business.
Molloy Robert S sold 20,000 shares of DXLG for $80,006 on Feb 15 ’24. The General Counsel & Secretary now owns 240,409 shares after completing the transaction at $4.00 per share. On Jan 11 ’24, another insider, Molloy Robert S, who serves as the General Counsel & Secretary of the company, sold 20,000 shares for $4.01 each. As a result, the insider received 80,114 and left with 240,409 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DXLG now has a Market Capitalization of 166617008 and an Enterprise Value of 280044096. As of this moment, Destination’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.52, and their Forward P/E ratio for the next fiscal year is 12.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 0.564 whereas that against EBITDA is 8.003.
Stock Price History:
Over the past 52 weeks, DXLG has reached a high of $4.90, while it has fallen to a 52-week low of $2.19. The 50-Day Moving Average of the stock is -7.27%, while the 200-Day Moving Average is calculated to be -20.09%.
Shares Statistics:
DXLG traded an average of 355.45K shares per day over the past three months and 455940 shares per day over the past ten days. A total of 57.99M shares are outstanding, with a floating share count of 52.97M. Insiders hold about 9.07% of the company’s shares, while institutions hold 88.25% stake in the company. Shares short for DXLG as of 1724976000 were 5771697 with a Short Ratio of 16.24, compared to 1722384000 on 5453081. Therefore, it implies a Short% of Shares Outstanding of 5771697 and a Short% of Float of 13.33.
