Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Destination XL Group Inc (NASDAQ: DXLG) closed at $2.49 down -0.40% from its previous closing price of $2.50. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 59821.0 shares were traded. DXLG stock price reached its highest trading level at $2.53 during the session, while it also had its lowest trading level at $2.49.
Ratios:
For a deeper understanding of Destination XL Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.45. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 1.00.
On September 14, 2021, DA Davidson started tracking the stock assigning a Buy rating and target price of $11.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 135224928 and an Enterprise Value of 273390016. As of this moment, Destination’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.23, and their Forward P/E ratio for the next fiscal year is 16.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 0.564 whereas that against EBITDA is 9.987.
Stock Price History:
The Beta on a monthly basis for DXLG is 1.13, which has changed by -0.36153847 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, DXLG has reached a high of $4.16, while it has fallen to a 52-week low of $2.15. The 50-Day Moving Average of the stock is -5.72%, while the 200-Day Moving Average is calculated to be -16.71%.
Shares Statistics:
For the past three months, DXLG has traded an average of 243.68K shares per day and 117620 over the past ten days. A total of 54.68M shares are outstanding, with a floating share count of 49.06M. Insiders hold about 9.60% of the company’s shares, while institutions hold 86.52% stake in the company. Shares short for DXLG as of 1738281600 were 4000290 with a Short Ratio of 16.42, compared to 1735603200 on 4389619. Therefore, it implies a Short% of Shares Outstanding of 4000290 and a Short% of Float of 10.16.
