This trade activity should not be overlooked: Solo Brands Inc (DTC)

With 1.12 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.07 million shares. The 52-week range on DTC shows that it touched its highest point at $8.86 and its lowest point at $2.02 during that stretch. It currently has a 1-year price target of $3.15. Beta for the stock currently stands at 2.61.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DTC was down-trending over the past week, with a drop of -5.66%, but this was down by -26.74% over a month. Three-month performance dropped to -67.53% while six-month performance fell -60.78%. The stock lost -71.55% in the past year, while it has lost -67.53% so far this year. A look at the trailing 12-month EPS for DTC yields -1.94 with Next year EPS estimates of 0.53. For the next quarter, that number is -0.01. This implies an EPS growth rate of -22.26% for this year and 17.34% for next year. EPS is expected to grow by 11.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -56.72%.

Float and Shares Shorts:

At present, 57.95 million DTC shares are outstanding with a float of 27.52 million shares on hand for trading. On Mar 15, 2024, short shares totaled 4.7 million, which was 8.10% higher than short shares on Feb 15, 2024. In addition to BTC as the firm’s BTC, PTC serves as its PTC Inc.

Institutional Ownership:

Through their ownership of 124.27% of DTC’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DTC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.