Market Recap: Destination XL Group Inc (DXLG)’s Positive Momentum, Closing at 1.27

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The closing price of Destination XL Group Inc (NASDAQ: DXLG) was $1.27 for the day, up 0.79% from the previous closing price of $1.26. In other words, the price has increased by $0.79 from its previous closing price. On the day, 0.51 million shares were traded. DXLG stock price reached its highest trading level at $1.37 during the session, while it also had its lowest trading level at $1.15.

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 1.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.55. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.05.

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.

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 67976624 and an Enterprise Value of 210062320. As of this moment, Destination’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 0.45 whereas that against EBITDA is 11.107.

Stock Price History:

The Beta on a monthly basis for DXLG is 1.00, which has changed by -0.6197605 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, DXLG has reached a high of $3.93, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -38.56%, while the 200-Day Moving Average is calculated to be -52.85%.

Shares Statistics:

DXLG traded an average of 226.99K shares per day over the past three months and 374100 shares per day over the past ten days. A total of 53.49M shares are outstanding, with a floating share count of 48.27M. Insiders hold about 9.82% of the company’s shares, while institutions hold 87.82% stake in the company. Shares short for DXLG as of 1741910400 were 3667676 with a Short Ratio of 16.16, compared to 1739491200 on 3800734. Therefore, it implies a Short% of Shares Outstanding of 3667676 and a Short% of Float of 9.51.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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