In yesterday’s Wall Street session, Destination XL Group Inc (NASDAQ:DXLG) shares traded at $2.84, up 8.81% from the previous session.
DXLG stock price is now 6.90% away from the 50-day moving average and -8.75% away from the 200-day moving average. The market capitalization of the company currently stands at $151.52M.
With the price target maintained at $4.50, Craig Hallum recently Downgraded its rating from Buy to Hold for Destination XL Group Inc (NASDAQ: DXLG). On September 14, 2021, DA Davidson recently initiated its ‘Buy’ rating on the stock quoting a target price of $11
In other news, Fund 1 Investments, LLC, 10% Owner sold 225,000 shares of the company’s stock on May 03 ’24. The stock was sold for $708,795 at an average price of $3.15. Upon completion of the transaction, the 10% Owner now directly owns 5,691,577 shares in the company, valued at $16.16 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 15 ’24, General Counsel & Secretary Molloy Robert S sold 20,000 shares of the business’s stock. A total of $80,006 was realized by selling the stock at an average price of $4.00. This leaves the insider owning 240,409 shares of the company worth $0.68 million. A total of 9.51% of the company’s stock is owned by insiders.
During the past 12 months, Destination XL Group Inc has had a low of $2.15 and a high of $4.68. As of last week, the company has a debt-to-equity ratio of 1.25, a current ratio of 1.57, and a quick ratio of 0.57. According to the stock market information, the enterprise value for the company is $263731920, which is based on a 18.19 price-to-earnings ratio, a 1.21 price-to-earnings-growth ratio, and a beta of 1.30. The fifty day moving average price for DXLG is $2.657 and a two-hundred day moving average price translates $3.117 for the stock.
The latest earnings results from Destination XL Group Inc (NASDAQ: DXLG) was released for 2024-08-03. The net profit margin was 1.98% and return on equity was 6.48% for DXLG.
