With 54.20M Outstanding Shares, Can Soho House & Co Inc (NYSE: SHCO) Deliver Big Short-Term Gains?

Soho House & Co Inc (NYSE:SHCO) currently has a daily average trading volume of 104.94K but it saw 9243450 shares traded in last market. With a market cap of 1.41B USD, the company’s current market price of $7.22 came rising about 47.05 while comparing to the previous closing price of $4.91. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.67 and as low as $4.35. In the recent trading on the day, stock has struck highest price mark of $7.19 while lowest mark touched by it was $8.09.

Taking a look at 20-day trading activity of Soho House & Co Inc (SHCO) gives us an average price of $5.07, while its current price level is -5.87% below from 52-week high level whereas it is 65.98% 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 $5.22 while that of 200 days or SMA-200 reads an average of $5.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.93% during that period while stretching the period over a month that decreases to 5.01%. 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 81.20 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which resumed the stock as “Equal-Weight” in its note to investors issued on September 03, 2024, recommending a price target of $5.50 for it.

Over the week, SHCO’s stock price is moving 44.69% up while it is 46.45% when we observe its performance for the past one month. Year-to-date it is 1.40% up and over the past year, the stock is showing a downside performance of -5.87%.

Currently, Soho House & Co Inc’s total number of outstanding shares is 54.20M. Company’s return on investment (ROI) stands at -8.78%. Stock’s beta reads 0.70. Stock has a price to sale or P/S ratio amounts to 1.21. Its return on asset (ROA) is -7.02% on average.