Solo Brands Inc (NYSE: DTC) is -80.84% lower on its value in year-to-date trading and has touched a low of $1.08 and a high of $6.64 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 $1.09 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $1.18, the stock is -48.28% and -44.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing 8.26% at the moment leaves the stock -60.79% off its SMA200. DTC registered -80.07% loss for a year compared to 6-month loss of -54.62%.
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The stock witnessed a -44.08% gain in the last 1 month and extending the period to 3 months gives it a -40.10%, and is -48.92% down 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 19.71% over the week and 9.38% over the month.
Solo Brands Inc (DTC) has around 400 employees, a market worth around $68.68M and $492.52M in sales. Fwd P/E is 2.78. Profit margin for the company is -25.63%. Distance from 52-week low is 9.26% and -82.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.26%).
The EPS is expected to shrink by -50.22% this year
The shares outstanding are 57.95M, and float is at 27.38M with Short Float at 9.14%.
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 49,310 shares of the company’s common stock on Jun 13 ’24 at a price of $1.97 per share for a total of $97234.0. Following the purchase, the insider now owns 0.25 million shares.
Solo Brands Inc disclosed in a document filed with the SEC on Jun 12 ’24 that METZ CHRISTOPHER T (President & CEO) bought a total of 48,324 shares of the company’s common stock. The trade occurred on Jun 12 ’24 and was made at $1.98 per share for $95662.0. Following the transaction, the insider now directly holds 0.2 million shares of the DTC stock.
Still, SEC filings show that on Jun 11 ’24, METZ CHRISTOPHER T (President & CEO) acquired 52,366 shares at an average price of $1.94 for $0.1 million. The insider now directly holds 152,366 shares of Solo Brands Inc (DTC).
