Leslies Inc (NASDAQ: LESL) Is A Safe Investment Now, Isn’t It?

Leslies Inc (NASDAQ:LESL) shares, rose in value, with the stock price down by -6.12% to the previous day’s close as strong demand from buyers drove the stock to $3.99.

Actively observing the price movement in the last trading, the stock closed the session at $4.25. The PE ratio was 41.69 over 12-month period. Referring to stock’s 52-week performance, its high was $11.68, and the low was $4.16. On the whole, LESL has fluctuated by -38.14% over the past month.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LESL’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 Hold while long-term indicators on average have been pointing out that it is a 50% Sell.

The stock’s technical analysis shows that the PEG ratio is about 4.30, with the price of LESL currently trading nearly -21.45% and -38.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 25.21, while the 7-day volatility ratio is showing 6.83% which for the 30-day chart, stands at 6.51%. Furthermore, Leslies Inc (LESL)’s beta value is 1.03, and its average true range (ATR) is 0.35.

A comparison of Leslies Inc (LESL) with its peers suggests the former has fared considerably weaker in the market. LESL showed an intraday change of -6.12% in last session, and over the past year, it shrunk by -62.36%%.

Data on historical trading for Leslies Inc (NASDAQ:LESL) indicates that the trading volumes over the past 3 months, they’ve averaged 3.16 million. According to company’s latest data on outstanding shares, there are 184.33 million shares outstanding.

Nearly 4.66% of Leslies Inc’s shares belong to company insiders and institutional investors own 114.27% of the company’s shares. The stock has fallen by -42.26% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LESL stock heading into the next quarter.

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