Is Solo Brands Inc (NYSE: DTC) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Internet Retail industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Solo Brands Inc is $13.67M. A total of 0.55 million shares were traded on the day, compared to an average of 785.81K shares.

In the most recent transaction, METZ CHRISTOPHER T bought 134,826 shares of DTC for 1.30 per share on Aug 12 ’24. After the transaction, the President & CEO now owns 500,000 company shares. In a previous transaction on Aug 09 ’24, METZ CHRISTOPHER T bought 115,174 shares at 1.30 per share. DTC shares that President & CEO owns now total 365,174.

Among the insiders who bought shares, METZ CHRISTOPHER T acquired of 52,366 shares on Jun 11 ’24 at a per-share price of $1.94. This resulted in the President & CEO holding 152,366 shares of DTC after the transaction. In another insider transaction, METZ CHRISTOPHER T bought 49,310 shares at $1.97 per share on Jun 13 ’24. Company shares held by the President & CEO now total 250,000.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, DTC has a high of $2.57 and a low of $0.13.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. DTC’s latest balance sheet shows that the firm has $25.10M in Cash & Short Term Investments as of fiscal 2021. There were $128.15M in debt and $46.57M in liabilities at the time. Its Book Value Per Share was $2.27, while its Total Shareholder’s Equity was $574.17M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DTC is Buy with a score of 2.60.

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