Super Group (SGHC) Limited (SGHC) Stock: Analyzing the Quarterly Movement

The stock of Super Group (SGHC) Limited (SGHC) has seen a 8.67% increase in the past week, with a 0.00% drop in the past month, and a 4.15% flourish in the past quarter. The volatility ratio for the week is 3.89%, and the volatility levels for the past 30 days are at 3.43% for SGHC. The simple moving average for the past 20 days is 3.41% for SGHC’s stock, with a -1.16% simple moving average for the past 200 days.

Is It Worth Investing in Super Group (SGHC) Limited (NYSE: SGHC) Right Now?

Company’s 36-month beta value is 0.69.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for SGHC is 142.13M, and currently, short sellers hold a 0.84% ratio of that floaft. The average trading volume of SGHC on May 02, 2024 was 319.15K shares.

SGHC) stock’s latest price update

The stock price of Super Group (SGHC) Limited (NYSE: SGHC) has surged by 3.16 when compared to previous closing price of 3.16, but the company has seen a 8.67% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-04 that Here is how Super Group (SGHC) Limited (SGHC) and SharkNinja, Inc. (SN) have performed compared to their sector so far this year.

Analysts’ Opinion of SGHC

Many brokerage firms have already submitted their reports for SGHC stocks, with Needham repeating the rating for SGHC by listing it as a “Buy.” The predicted price for SGHC in the upcoming period, according to Needham is $6 based on the research report published on March 07, 2024 of the current year 2024.

The Benchmark Company, on the other hand, stated in their research note that they expect to see SGHC reach a price target of $4.50. The rating they have provided for SGHC stocks is “Buy” according to the report published on August 18th, 2023.

Canaccord Genuity gave a rating of “Hold” to SGHC, setting the target price at $5 in the report published on March 14th of the previous year.

SGHC Trading at -0.56% from the 50-Day Moving Average

After a stumble in the market that brought SGHC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.50% of loss for the given period.

Volatility was left at 3.43%, however, over the last 30 days, the volatility rate increased by 3.89%, as shares sank -0.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.87% upper at present.

During the last 5 trading sessions, SGHC rose by +8.67%, which changed the moving average for the period of 200-days by +5.50% in comparison to the 20-day moving average, which settled at $3.15. In addition, Super Group (SGHC) Limited saw 2.84% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for SGHC

Current profitability levels for the company are sitting at:

  • 0.05 for the present operating margin
  • 0.46 for the gross margin

The net margin for Super Group (SGHC) Limited stands at -0.01. The total capital return value is set at 0.14.

Based on Super Group (SGHC) Limited (SGHC), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 0.45. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is 28.65.

Currently, EBITDA for the company is 166.08 million with net debt to EBITDA at -1.28. When we switch over and look at the enterprise to sales, we see a ratio of 0.91. The receivables turnover for the company is 11.96for trailing twelve months and the total asset turnover is 1.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.

Conclusion

In a nutshell, Super Group (SGHC) Limited (SGHC) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.

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