Shoals Technologies Group Inc - Class A Shares Close the Day 13.7% Higher - Daily Wrap
The company saw its shares close the day 13.7% higher than yesterday, with trading volume lower than its 30 day average.
May 13, 2022 by Kwhen Finance Editors
Shoals Technologies Group Inc - Class A (SHLS) shares closed today 13.7% higher than it did at the end of yesterday. The stock is currently down 48.2% year-to-date, down 45.5% over the past 12 months, and down 59.4% over the past five years. Today, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 2.4%.
Trading Activity
- Shares traded as high as $13.26 and as low as $9.72 this week.
- Shares closed 66.6% below its 52-week high and 31.3% above its 52-week low.
- Trading volume this week was 10.0% higher than the 10-day average and 2.2% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 2.1.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was between 30 and 70.
- MACD, a trend-following momentum indicator, indicates an upward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
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
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Shoals Technologies Group Inc - Class A | 13.7 | -48.2 | -45.5 | -68.6 | 23.4 |
| Dow Jones Industrial Average | 1.4 | -10.9 | -3.7 | -12.9 | 2.5 |
| S&P 500 Index | 2.4 | -15.2 | -0.8 | -17.1 | 3.0 |
| Technology Industry | -10.0 | 62.7 | -32.1 | -34.2 | 82.2 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by 312.6%
- The company's stock price performance over the past 12 months lags the peer average by 368.4%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Shoals Technologies Group Inc - Class A | SHLS | 0 | -48.2 | -45.5 | -68.6 | 23.4 |
| Peer Avg | N/A | -3.9 | -11.7 | -9.7 | -17.4 | 2.9 |
| Plug Power Inc | PLUG | -15.6 | -46.8 | -38.9 | -69.5 | 11.7 |
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.
Was this content valuable for you?
Tags: