Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -7.45%.However, over the last six months, we can see a stronger performance of -8.59%. Over the last 30 days, the price of SWIM has leaped by -29.88%. And in the last five days, it has fallen by -12.35%.
At present, Latham Group Inc. (SWIM) has a stock price of $2.98. In the previous session, the stock saw a rise, peaking at $3.04 after an opening price of $2.90. The day’s lowest price was $2.78, and it closed at $2.87.
Latham Group Inc. experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $5.35 on 09/15/22, while the lowest price for the same period was registered at $2.12 on 04/26/23.
52-week price history of SWIM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Latham Group Inc.’s current trading price is -44.30% away from its 52-week high, while its distance from the 52-week low is 40.90%. The stock’s price range during this period has varied between$2.12 and $5.35. The Latham Group Inc.’s shares, which operate in the Industrials, saw a trading volume of around 0.55 million for the day, a figure considerably higher than their average daily volume of 0.46 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Latham Group Inc. (SWIM) has experienced a quarterly decline of -12.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 351.94M and boasts a workforce of 2000 employees.
Latham Group Inc.: Analysts’ Ratings Unveiled
As of right now, 4 analysts are rating Latham Group Inc. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.54, with a change in price of +0.68. Similarly, Latham Group Inc. recorded 464,455 in trading volume during the last 100 days, posting a change of +29.57%.
SWIM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SWIM stands at 0.82. Similarly, the long-term debt-to-equity ratio is also 0.81.
SWIM Stock Stochastic Average
Latham Group Inc.’s raw stochastic average for the past 50 days is presently 10.05%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 13.99%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.64% and 3.80%, respectively.