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In the latest session, Solo Brands Inc (NYSE: DTC) closed at $1.18 down -5.60% from its previous closing price of $1.25. In other words, the price has decreased by -$5.60 from its previous closing price. On the day, 0.5 million shares were traded. DTC stock price reached its highest trading level at $1.24 during the session, while it also had its lowest trading level at $1.175.
Ratios:
For a deeper understanding of Solo Brands 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 8.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.17. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 1.16 whereas as Long-Term Debt/Eq ratio is at 1.05.
On January 10, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $12 to $4.
Citigroup Downgraded its Buy to Neutral on January 10, 2024, whereas the target price for the stock was revised from $10 to $4.
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 Aug 12 ’24 when METZ CHRISTOPHER T bought 134,826 shares for $1.30 per share. The transaction valued at 175,274 led to the insider holds 500,000 shares of the business.
METZ CHRISTOPHER T bought 115,174 shares of DTC for $149,530 on Aug 09 ’24. The President & CEO now owns 365,174 shares after completing the transaction at $1.30 per share. On Jun 11 ’24, another insider, METZ CHRISTOPHER T, who serves as the President & CEO of the company, bought 52,366 shares for $1.94 each. As a result, the insider paid 101,721 and bolstered with 152,366 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, DTC now has a Market Capitalization of 73227848 and an Enterprise Value of 332976096. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 0.699 whereas that against EBITDA is -109.821.
Stock Price History:
Over the past 52 weeks, DTC has reached a high of $6.36, while it has fallen to a 52-week low of $1.08. The 50-Day Moving Average of the stock is -14.70%, while the 200-Day Moving Average is calculated to be -38.48%.
Shares Statistics:
For the past three months, DTC has traded an average of 249.12K shares per day and 264340 over the past ten days. A total of 57.95M shares are outstanding, with a floating share count of 27.52M. Insiders hold about 52.99% of the company’s shares, while institutions hold 34.48% stake in the company. Shares short for DTC as of 1730332800 were 2528468 with a Short Ratio of 10.15, compared to 1727654400 on 2683473. Therefore, it implies a Short% of Shares Outstanding of 2528468 and a Short% of Float of 8.9099996.
