Latham Group Inc (NASDAQ: SWIM) is 38.40% higher on its value in year-to-date trading and has touched a low of $2.04 and a high of $4.77 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SWIM stock was last observed hovering at around $3.81 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $3.64, the stock is 17.99% and 6.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.68 million and changing -4.46% at the moment leaves the stock 22.57% off its SMA200. SWIM registered -7.61% loss for a year compared to 6-month gain of 37.88%.
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The stock witnessed a 25.95% loss in the last 1 month and extending the period to 3 months gives it a 30.00%, and is 16.67% 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 10.24% over the week and 7.97% over the month.
Latham Group Inc (SWIM) has around 1760 employees, a market worth around $420.67M and $539.40M in sales. Current P/E ratio is 98.38 and Fwd P/E is 198.04. Profit margin for the company is 0.76%. Distance from 52-week low is 78.87% and -23.69% from its 52-week high. The company has generated returns on investments over the last 12 months (0.59%).
The EPS is expected to shrink by -144.15% this year
The shares outstanding are 114.87M, and float is at 36.74M with Short Float at 3.36%.
Latham Group Inc (SWIM) Insider Activity
The most recent transaction is an insider purchase by Gloe Oliver C., the company’s CHIEF FINANCIAL OFFICER. SEC filings show that Gloe Oliver C. bought 27,500 shares of the company’s common stock on Mar 15 ’24 at a price of $2.92 per share for a total of $80300.0. Following the purchase, the insider now owns 0.29 million shares.
Latham Group Inc disclosed in a document filed with the SEC on Mar 04 ’24 that Rajeski Scott Michael (CHIEF EXECUTIVE OFFICER) sold a total of 24,913 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $3.05 per share for $75985.0. Following the transaction, the insider now directly holds 0.27 million shares of the SWIM stock.
Still, SEC filings show that on Mar 04 ’24, Cowley Joshua D. (CHIEF COMMERCIAL OFFICER) disposed off 14,650 shares at an average price of $3.05 for $44682.0. The insider now directly holds 193,036 shares of Latham Group Inc (SWIM).
