With 94.93M Outstanding Shares, Can Dole plc (NYSE: DOLE) Deliver Big Short-Term Gains?

Dole plc (NYSE:DOLE) currently has a daily average trading volume of 640.03K but it saw 295592 shares traded in last market. With a market cap of 1.43B USD, the company’s current market price of $15.03 came falling about -2.02 while comparing to the previous closing price of $15.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.12 and as low as $10.71. In the recent trading on the day, stock has struck highest price mark of $14.965 while lowest mark touched by it was $15.4896.

Taking a look at 20-day trading activity of Dole plc (DOLE) gives us an average price of $15.71, while its current price level is -12.21% below from 52-week high level whereas it is 40.34% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $16.03 while that of 200 days or SMA-200 reads an average of $13.74. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.11% during that period while stretching the period over a month that increases to 2.19%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.03 which implies that the stock is in neutral territory.

Over the week, DOLE’s stock price is moving -0.27% down while it is -5.35% when we observe its performance for the past one month. Year-to-date it is 22.29% up and over the past year, the stock is showing an upside performance of 30.70%.

Currently, Dole plc’s total number of outstanding shares is 94.93M. Company’s return on investment (ROI) stands at 7.16% and return on equity (ROE) at 11.35%. It has a price to earnings ratio (P/E ratio) of 7.91 while having a 10.55 of forward P/E ratio. Stock’s beta reads 0.81. Stock has a price to book (P/B) ratio of 1.03 while price to sale or P/S ratio amounts to 0.17. Its return on asset (ROA) is 3.29% on average.