The stock price of Super Group (SGHC) Limited (NYSE: SGHC) has jumped by 9.90 compared to previous close of 6.16. Despite this, the company has seen a gain of 13.97% in its stock price over the last five trading days. zacks.com reported 2024-11-14 that Super Group (SGHC) (SGHC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
Is It Worth Investing in Super Group (SGHC) Limited (NYSE: SGHC) Right Now?
Super Group (SGHC) Limited (NYSE: SGHC) has a higher price-to-earnings ratio of 727.96x compared to its average ratio, The 36-month beta value for SGHC is at 0.86. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 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 SGHC is 147.91M, and currently, shorts hold a 0.47% of that float. The average trading volume for SGHC on November 27, 2024 was 488.78K shares.
SGHC’s Market Performance
SGHC stock saw an increase of 13.97% in the past week, with a monthly gain of 62.35% and a quarterly increase of 103.92%. The volatility ratio for the week is 4.30%, and the volatility levels for the last 30 days are 4.80% for Super Group (SGHC) Limited (SGHC). The simple moving average for the past 20 days is 28.44% for SGHC’s stock, with a 85.43% simple moving average for the past 200 days.
Analysts’ Opinion of SGHC
Many brokerage firms have already submitted their reports for SGHC stocks, with Oppenheimer repeating the rating for SGHC by listing it as a “Outperform.” The predicted price for SGHC in the upcoming period, according to Oppenheimer is $6 based on the research report published on November 07, 2024 of the current year 2024.
Needham, on the other hand, stated in their research note that they expect to see SGHC reach a price target of $6, previously predicting the price at $5. The rating they have provided for SGHC stocks is “Buy” according to the report published on March 07th, 2024.
The Benchmark Company gave a rating of “Buy” to SGHC, setting the target price at $4.50 in the report published on August 18th of the previous year.
SGHC Trading at 52.35% 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 able to rebound, for now settling with 8.49% of gains for the given period.
Volatility was left at 4.80%, however, over the last 30 days, the volatility rate increased by 4.30%, as shares surge +61.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +88.06% upper at present.
During the last 5 trading sessions, SGHC rose by +13.97%, which changed the moving average for the period of 200-days by +100.30% in comparison to the 20-day moving average, which settled at $5.27. In addition, Super Group (SGHC) Limited saw 113.56% 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
- 0.44 for the gross margin
The net margin for Super Group (SGHC) Limited stands at 0.0. The total capital return value is set at 0.12. Equity return is now at value 0.83, with 0.47 for asset returns.
The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 13.68.
Currently, EBITDA for the company is 101.69 million with net debt to EBITDA at -2.12. When we switch over and look at the enterprise to sales, we see a ratio of 1.93. The receivables turnover for the company is 10.49for trailing twelve months and the total asset turnover is 1.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.
Conclusion
In conclusion, Super Group (SGHC) Limited (SGHC) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
