In the past week, DLTR stock has gone down by -14.95%, with a monthly decline of -10.81% and a quarterly plunge of -5.10%. The volatility ratio for the week is 3.24%, and the volatility levels for the last 30 days are 2.08% for Dollar Tree Inc. The simple moving average for the past 20 days is -12.48% for DLTR’s stock, with a -7.93% simple moving average for the past 200 days.
Is It Worth Investing in Dollar Tree Inc. (NASDAQ: DLTR) Right Now?
Dollar Tree Inc. (NASDAQ: DLTR) has a higher price-to-earnings ratio of 18.97x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.67. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 2 as “overweight,” 13 as “hold,” and 0 as “sell.”
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The public float for DLTR is 218.28M, and currently, short sellers hold a 3.05% ratio of that float. The average trading volume of DLTR on May 26, 2023 was 2.06M shares.
DLTR) stock’s latest price update
Dollar Tree Inc. (NASDAQ: DLTR)’s stock price has decreased by -12.03 compared to its previous closing price of 155.35. However, the company has seen a -14.95% decrease in its stock price over the last five trading sessions. The Wall Street Journal reported 8 hours ago that Theft and Thrift Squeeze Dollar Tree
DLTR Trading at -8.79% from the 50-Day Moving Average
After a stumble in the market that brought DLTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.21% of loss for the given period.
Volatility was left at 2.08%, however, over the last 30 days, the volatility rate increased by 3.24%, as shares sank -10.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.60% lower at present.
During the last 5 trading sessions, DLTR fell by -14.95%, which changed the moving average for the period of 200-days by -19.11% in comparison to the 20-day moving average, which settled at $155.30. In addition, Dollar Tree Inc. saw -3.38% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DLTR starting from Davis Jeffrey A., who purchase 1,790 shares at the price of $139.06 back on Mar 27. After this action, Davis Jeffrey A. now owns 15,006 shares of Dollar Tree Inc., valued at $248,917 using the latest closing price.
DREILING RICHARD W, the Chief Executive Officer of Dollar Tree Inc., purchase 7,100 shares at $142.00 during a trade that took place back on Mar 09, which means that DREILING RICHARD W is holding 7,118 shares at $1,008,200 based on the most recent closing price.
Stock Fundamentals for DLTR
Equity return is now at value 19.20, with 7.10 for asset returns.
Conclusion
To put it simply, Dollar Tree Inc. (DLTR) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
