Douglas Elliman Inc (DOUG) Shares Soar Above 1-Year High

Douglas Elliman Inc (NYSE: DOUG)’s stock price has increased by 13.71 compared to its previous closing price of 1.97. However, the company has seen a 19.15% increase in its stock price over the last five trading sessions. accesswire.com reported 2024-11-19 that PHILADELPHIA, PA / ACCESSWIRE / November 19, 2024 / Kaskela Law LLC announces that it is investigating Douglas Elliman Inc. (NYSE:DOUG) on behalf of the company’s shareholders. Click here for additional information: https://kaskelalaw.com/case/douglas-elliman/ Since January 2022, shares of Douglas Elliman’s stock have declined in value from a trading price of over $10.00 per share to a current trading price of less than $2.00 per share, a decline of over 80% in value.

Is It Worth Investing in Douglas Elliman Inc (NYSE: DOUG) Right Now?

The stock has a 36-month beta value of 1.37. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for DOUG is 74.52M, and at present, short sellers hold a 1.65% of that float. On November 19, 2024, the average trading volume of DOUG was 605.93K shares.

DOUG’s Market Performance

The stock of Douglas Elliman Inc (DOUG) has seen a 19.15% increase in the past week, with a 54.48% rise in the past month, and a 20.43% gain in the past quarter. The volatility ratio for the week is 7.11%, and the volatility levels for the past 30 days are at 10.47% for DOUG. The simple moving average for the past 20 days is 15.14% for DOUG’s stock, with a 39.71% simple moving average for the past 200 days.

Analysts’ Opinion of DOUG

Jefferies, on the other hand, stated in their research note that they expect to see DOUG reach a price target of $8.50. The rating they have provided for DOUG stocks is “Buy” according to the report published on February 24th, 2022.

DOUG Trading at 23.62% from the 50-Day Moving Average

After a stumble in the market that brought DOUG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.11% of loss for the given period.

Volatility was left at 10.47%, however, over the last 30 days, the volatility rate increased by 7.11%, as shares surge +56.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.24% upper at present.

During the last 5 trading sessions, DOUG rose by +19.41%, which changed the moving average for the period of 200-days by +5.90% in comparison to the 20-day moving average, which settled at $1.9457. In addition, Douglas Elliman Inc saw -24.07% 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 DOUG starting from Liebowitz Michael, who purchase 1,081,414 shares at the price of $1.68 back on Nov 18 ’24. After this action, Liebowitz Michael now owns 1,478,382 shares of Douglas Elliman Inc, valued at $1,816,776 using the latest closing price.

ZEITCHICK MARK, the Director of Douglas Elliman Inc, purchase 40,000 shares at $1.18 during a trade that took place back on Jul 10 ’24, which means that ZEITCHICK MARK is holding 297,310 shares at $47,196 based on the most recent closing price.

Stock Fundamentals for DOUG

Current profitability levels for the company are sitting at:

  • -0.04 for the present operating margin
  • 0.18 for the gross margin

The net margin for Douglas Elliman Inc stands at -0.09. The total capital return value is set at -0.1. Equity return is now at value -40.53, with -16.80 for asset returns.

Based on Douglas Elliman Inc (DOUG), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at -0.1. The debt to equity ratio resting at 1.09. The interest coverage ratio of the stock is 29.05.

Currently, EBITDA for the company is -54.09 million with net debt to EBITDA at -1.03. When we switch over and look at the enterprise to sales, we see a ratio of 0.25. The receivables turnover for the company is 16.85for trailing twelve months and the total asset turnover is 1.92.

Conclusion

To sum up, Douglas Elliman Inc (DOUG) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.

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