Destination XL Group Inc. (NASDAQ:DXLG) does about 4.06M shares in volume on a normal day but saw 11773075 shares change hands in Friday trading. The company now has a market cap of 22.99M USD. Its current market price is $0.35, marking a decrease of -21.09% compared to the previous close of $0.45. The 52 week high reached by this stock is $1.90 whilst the lowest price level in 52 weeks is $0.22. The script in recent trading has seen the stock touch a high of $0.4455 and a low of $0.3265.
Destination XL Group Inc. (DXLG) has a 20-day trading average at $0.3158 and the current price is -81.33% off the 52-week high compared with 61.20% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4419 and its 200-day simple moving average is $0.7147. If we look at the stock’s price movements over the week, volatility stands at 25.94%, which decreases to 13.47% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 49.13 to suggest the stock is neutral.
1 analysts observing the Destination XL Group Inc. (DXLG) stock have set the 12-month price targets for the company’s shares at between $3.00 and $3.00. The median price target is 88.33% away from the current levels at $3.00.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on July 11, 2017 when FBR & Co. resumed the stock to “Outperform” and issued a price target of $3. Lake Street reiterated its price target at $8-$9.
The current price level is 12.54%, -20.61%, and -50.77% away from its SMA20, SMA50, and SMA200 respectively, with the DXLG price moving above the 50-day SMA on August 28. Destination XL Group Inc. (DXLG) stock is up 25.86% over the week and -2.93% over the past month. Its price is -72.28% year-to-date and -80.40% over the past year.
The stock last released its quarterly earnings report for quarter ended 1/30/2020, with the company’s earnings per share (EPS) of $0.05 below consensus estimates by $0. The company’s next earnings report is expected on 11/20/2020. In addition, estimates put the company’s current quarterly revenue at an average of $57.23 million.
Its 12-month price target is $3.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $3.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $3.00.
Outstanding shares total 51.08M with insiders holding 15.84% of the shares and institutional holders owning 69.84% of the company’s common stock. The company has a return on investment of -4.00% and return on equity of -163.30%. The beta has a value of 1.84. Price to book ratio is 2.53 and price to sales ratio is 0.06.
According to a U.S. Securities and Exchange Commission filing, Vanguard Total Stock Market Index has reduced its position in Destination XL Group Inc. (DXLG) to 1,098,835 shares, mirroring a recent drop by 0.00%. Vanguard Total Stock Market Index dumped 0.0 shares of Destination XL Group Inc. common stock bringing its total worth to about $0.38 million at the end of recent close, SEC documents show. Vanguard Total Stock Market Index isn’t the only investment manager who changed stakes and is followed by Vanguard Extended Market Index Fu, which sold off 0.0 shares to end up with 512,322 shares worth $0.18 million. RBC Small Cap Core Fund cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.82% position in Destination XL Group Inc. thanks to 0.42 million shares amounting to $0.14 million.