Solo Brands Inc (NYSE: DTC) is -66.40% lower on its value in year-to-date trading and has touched a low of $1.74 and a high of $7.18 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DTC stock was last observed hovering at around $1.97 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $2.07, the stock is 10.02% and -1.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 5.08% at the moment leaves the stock -48.07% off its SMA200. DTC registered -70.51% loss for a year compared to 6-month loss of -55.96%.
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The stock witnessed a 6.70% gain in the last 1 month and extending the period to 3 months gives it a -25.54%, and is 10.11% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.83% over the week and 5.79% over the month.
Solo Brands Inc (DTC) has around 400 employees, a market worth around $120.29M and $494.78M in sales. Fwd P/E is 3.62. Profit margin for the company is -22.50%. Distance from 52-week low is 18.97% and -71.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.16%).
The EPS is expected to shrink by -13.56% this year
The shares outstanding are 57.95M, and float is at 27.66M with Short Float at 16.24%.
Solo Brands Inc (DTC) Insider Activity
The most recent transaction is an insider purchase by METZ CHRISTOPHER T, the company’s President & CEO. SEC filings show that METZ CHRISTOPHER T bought 100,000 shares of the company’s common stock on Mar 15 ’24 at a price of $2.27 per share for a total of $0.23 million. Following the purchase, the insider now owns 100000.0 shares.
Solo Brands Inc disclosed in a document filed with the SEC on Nov 09 ’23 that Webb Somer (Chief Financial Officer) sold a total of 115,537 shares of the company’s common stock. The trade occurred on Nov 09 ’23 and was made at $4.35 per share for $0.5 million. Following the transaction, the insider now directly holds 58793.0 shares of the DTC stock.
Still, SEC filings show that on May 16 ’23, NB Alternatives Advisers LLC (10% Owner) disposed off 6,255,595 shares at an average price of $5.00 for $31.28 million. The insider now directly holds 627,286 shares of Solo Brands Inc (DTC).
