For the readers interested in the stock health of Shoals Technologies Group Inc. (SHLS). It is currently valued at $27.50. When the transactions were called off in the previous session, Stock hit the highs of $28.00, after setting-off with the price of $25.99. Company’s stock value dipped to $25.82 during the trading on the day. When the trading was stopped its value was $25.68.
Recently in News on July 19, 2021, Shoals Technologies Group, Inc. Announces Changes to its Board of Directors. Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle charging infrastructure, today announced the resignation of Jason Lee and Frank Cannova, Vice President at Oaktree Capital, from the Company’s Board of Directors. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Shoals Technologies Group Inc. shares are logging -37.56% during the 52-week period from high price, and 31.33% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $20.94 and $44.04.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 2223818 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Shoals Technologies Group Inc. (SHLS) recorded performance in the market was -11.23%, having the revenues showcasing -18.90% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 4.66B, as it employees total of 504 workers.
Analysts verdict on Shoals Technologies Group Inc. (SHLS)
During the last month, 9 analysts gave the Shoals Technologies Group Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 31.18, with a change in the price was noted -5.12. In a similar fashion, Shoals Technologies Group Inc. posted a movement of -15.70% for the period of last 100 days, recording 1,791,077 in trading volumes.
Shoals Technologies Group Inc. (SHLS): Technical Analysis
Raw Stochastic average of Shoals Technologies Group Inc. in the period of last 50 days is set at 39.35%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 19.76%. In the last 20 days, the company’s Stochastic %K was 12.57% and its Stochastic %D was recorded 8.07%.
Let’s take a glance in the erstwhile performances of Shoals Technologies Group Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -11.23%. The shares increased approximately by -3.20% in the 7-day charts and went up by -6.40% in the period of the last 30 days. Common stock shares were lifted by -18.90% during last recorded quarter.