Drive Shack Inc Shares Close the Day 15.4% Higher - Daily Wrap

The company saw its shares close the day 15.4% higher than yesterday, with trading volume higher than its 30 day average.

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Jan 04, 2022 by Kwhen Finance Editors

Drive Shack Inc Shares Close the Day 15.4% Higher - Daily Wrap
Drive Shack Inc (DS) shares closed today 15.4% higher than it did at the end of yesterday. The stock is currently up 15.4% year-to-date, down 30.7% over the past 12 months, and down 60.2% over the past five years. Today, the Dow Jones Industrial Average rose 0.6%, and the S&P 500 rose 0.6%.

Trading Activity

  • Shares traded as high as $1.65 and as low as $1.43 this week.
  • Shares closed 59.0% below its 52-week high and 18.7% above its 52-week low.
  • Trading volume this week was 53.5% higher than the 10-day average and 63.1% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.4.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed above its Bollinger band, indicating it may be overbought.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $-25,440,000 in earnings before interest and taxes from $219 million in revenue. It currently holds $0 in cash and $94 million in debt.
  • Its forward price-to-earnings (P/E) ratio of -6.101351272720243 is higher than its current P/E ratio of -8.75, implying that analysts are expecting a decrease in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at -0.29. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 9.54 which means it currently has $9.54 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at -30.12. This means that the stock is trading at a discount of -30 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 1.26.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 1.57.

P/E

-8.75

EBITDA

$-25,440,000

P/Book

-30.12

Mkt Cap

$151M

P/Sales

1.26

Revenue

$219M

EPS (TTM)

-0.21

PEG Ratio

-0.29

EV/Revenue

1.57

Total Cash

$0

Debt/Equity

9.54

Forward P/E

-6.10

Current Debt

$94M

Gross Profit

$212M

Dividend Date

-

Earnings Date

2022-03-11

Profit Margin

-0.25

Revenue/Share

2.39

Total Revenue

$219M

Enterprise Val

$346M

Put/Call Ratio

0.27

Revenue/Employee

0.00

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company share price beats the performance of its peers in the Communication Services industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Drive Shack Inc15.415.4-30.7-63.75.0
Dow Jones Industrial Average0.60.621.6-0.624.0
S&P 500 Index0.60.629.5-0.531.2
Communication Services0.70.016.0-9.521.1

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

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