Douglas Elliman Inc (NYSE:DOUG) shares, rose in value, with the stock price up by 2.38% to the previous day’s close as strong demand from buyers drove the stock to $1.29.
Actively observing the price movement in the last trading, the stock closed the session at $1.26. Referring to stock’s 52-week performance, its high was $3.24, and the low was $1.16. On the whole, DOUG has fluctuated by -18.35% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.08B, with a low estimate of 213.89M and a high estimate of 221M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 217.44M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DOUG’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of DOUG currently trading nearly -9.95% and -22.74% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.79, while the 7-day volatility ratio is showing 7.57% which for the 30-day chart, stands at 7.06%. Furthermore, Douglas Elliman Inc (DOUG)’s beta value is 1.48, and its average true range (ATR) is 0.11.
A comparison of Douglas Elliman Inc (DOUG) with its peers suggests the former has fared considerably weaker in the market. DOUG showed an intraday change of 2.38% in last session, and over the past year, it shrunk by -55.88%%.
Data on historical trading for Douglas Elliman Inc (NYSE:DOUG) indicates that the trading volumes over the past 3 months, they’ve averaged 948.66K. According to company’s latest data on outstanding shares, there are 87.93 million shares outstanding.
Nearly 21.89% of Douglas Elliman Inc’s shares belong to company insiders and institutional investors own 52.68% of the company’s shares. The stock has fallen by -56.27% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DOUG stock heading into the next quarter.
