In the past week, SLND stock has gone up by 14.64%, with a monthly decline of -15.53% and a quarterly plunge of -12.05%. The volatility ratio for the week is 17.63%, and the volatility levels for the last 30 days are 8.92% for Southland Holdings Inc The simple moving average for the past 20 days is -1.14% for SLND’s stock, with a -26.33% simple moving average for the past 200 days.
Is It Worth Investing in Southland Holdings Inc (AMEX: SLND) Right Now?
SLND has 36-month beta value of 0.16. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for SLND is 10.13M, and currently, short sellers hold a 1.38% ratio of that float. The average trading volume of SLND on November 13, 2024 was 48.87K shares.
SLND) stock’s latest price update
The stock of Southland Holdings Inc (AMEX: SLND) has increased by 14.64 when compared to last closing price of 2.80.Despite this, the company has seen a gain of 14.64% in its stock price over the last five trading days. businesswire.com reported 2024-11-12 that GRAPEVINE, Texas–(BUSINESS WIRE)–Southland Holdings, Inc. (NYSE American: SLND and SLND WS) (“Southland”), a leading provider of specialized infrastructure construction services, today announced financial results for the quarter ended September 30, 2024. Revenue of $173.3 for the quarter ended September 30, 2024, compared to $312.5 million for the quarter ended September 30, 2023. Gross loss of $51.1 million for the quarter ended September 30, 2024, compared to $29.5 million in gross profit f.
Analysts’ Opinion of SLND
Many brokerage firms have already submitted their reports for SLND stocks, with DA Davidson repeating the rating for SLND by listing it as a “Neutral.” The predicted price for SLND in the upcoming period, according to DA Davidson is $7 based on the research report published on August 16, 2023 of the previous year 2023.
Craig Hallum, on the other hand, stated in their research note that they expect to see SLND reach a price target of $14. The rating they have provided for SLND stocks is “Buy” according to the report published on April 04th, 2023.
SLND Trading at -9.09% from the 50-Day Moving Average
After a stumble in the market that brought SLND to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.45% of loss for the given period.
Volatility was left at 8.92%, however, over the last 30 days, the volatility rate increased by 17.63%, as shares sank -14.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.11% lower at present.
During the last 5 trading sessions, SLND rose by +14.64%, which changed the moving average for the period of 200-days by -34.62% in comparison to the 20-day moving average, which settled at $3.25. In addition, Southland Holdings Inc saw -37.79% 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 SLND starting from Renda Rudolph V., who purchase 832 shares at the price of $5.14 back on Dec 28 ’23. After this action, Renda Rudolph V. now owns 1,560,155 shares of Southland Holdings Inc, valued at $4,276 using the latest closing price.
Renda Frankie S., the PRESIDENT AND CEO of Southland Holdings Inc, purchase 4,460 shares at $5.23 during a trade that took place back on Dec 29 ’23, which means that Renda Frankie S. is holding 11,542,415 shares at $23,326 based on the most recent closing price.
Stock Fundamentals for SLND
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.03 for the gross margin
The net margin for Southland Holdings Inc stands at -0.04. The total capital return value is set at -0.07. Equity return is now at value -21.24, with -3.96 for asset returns.
Based on Southland Holdings Inc (SLND), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 1.57. The interest coverage ratio of the stock is -1.41.
Currently, EBITDA for the company is 22.73 million with net debt to EBITDA at -16.86. When we switch over and look at the enterprise to sales, we see a ratio of 0.35. The receivables turnover for the company is 1.31for trailing twelve months and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.
Conclusion
To put it simply, Southland Holdings Inc (SLND) 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.
