For the readers interested in the stock health of Academy Sports and Outdoors Inc. (ASO). It is currently valued at $46.94. When the transactions were called off in the previous session, Stock hit the highs of $46.45, after setting-off with the price of $46.16. Company’s stock value dipped to $44.94 during the trading on the day. When the trading was stopped its value was $45.31.Recently in News on September 14, 2021, Academy Sports + Outdoors Announces Pricing of Secondary Offering of Common Stock and Concurrent Share Repurchase. Academy Sports and Outdoors, Inc. (“Academy” or the “Company”) (NASDAQ: ASO) today announced the pricing of the previously announced underwritten secondary offering by certain of its stockholders that are affiliates of Kohlberg Kravis Roberts & Co. L.P. (the “Selling Stockholders”), of 18,645,602 shares of common stock of Academy at the public offering price of $44.75 per share, pursuant to a registration statement filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”). No shares are being sold by Academy. The Selling Stockholders will receive all of the proceeds from this offering. 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, Academy Sports and Outdoors Inc. shares are logging 0.81% during the 52-week period from high price, and 289.54% 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 $12.05 and $46.56.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 4509683 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 Academy Sports and Outdoors Inc. (ASO) recorded performance in the market was 118.57%, having the revenues showcasing 15.09% 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 4.02B, as it employees total of 22000 workers.
Analysts verdict on Academy Sports and Outdoors Inc. (ASO)
During the last month, 0 analysts gave the Academy Sports and Outdoors Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 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 37.96, with a change in the price was noted +14.62. In a similar fashion, Academy Sports and Outdoors Inc. posted a movement of +45.53% for the period of last 100 days, recording 2,438,107 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ASO is recording 0.47 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.47.
Academy Sports and Outdoors Inc. (ASO): Technical Analysis
Raw Stochastic average of Academy Sports and Outdoors Inc. in the period of last 50 days is set at 96.06%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 95.67%. In the last 20 days, the company’s Stochastic %K was 93.86% and its Stochastic %D was recorded 93.34%.
Let’s take a glance in the erstwhile performances of Academy Sports and Outdoors Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 118.57%. The shares increased approximately by 0.38% in the 7-day charts and went down by 22.82% in the period of the last 30 days. Common stock shares were driven by 15.09% during last recorded quarter.