logo

SWIM’s Stock Market Puzzle: Piecing Together 2023’s Performance

OPEN Stock

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 120.91% this year. Over the last six months, there has been a weaker performance of 57.03%. The price of SWIM leaped by -14.31% during the last 30 days period. For the last 5-days stocks have slided -12.24%.

Latham Group Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $7.33 on 10/17/24, while the lowest value for the same period was recorded at $2.09 on 11/13/23.

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 -20.74% away from its 52-week high, while its distance from the 52-week low is 177.99%. The stock’s price range during this period has varied between$2.09 and $7.33. The Latham Group Inc’s shares, which operate in the Industrials, saw a trading volume of around 2.06 million for the day, a figure considerably higher than their average daily volume of 0.75 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Latham Group Inc (SWIM) has experienced a quarterly rise of 15.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 671.51M and boasts a workforce of 1760 employees.

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 5.22, with a change in price of +2.03. Similarly, Latham Group Inc recorded 624,881 in trading volume during the last 100 days, posting a change of +53.70%.

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 0.75. Similarly, the long-term debt-to-equity ratio is also 0.73.

SWIM Stock Stochastic Average

As of today, Latham Group Inc’s raw stochastic average for the last 50 days stands at 16.49%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 16.49%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 24.54% and 26.30%, respectively.

Most Popular