Destination XL Group Inc (NASDAQ: DXLG): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

DXLG belongs to the Consumer Cyclical sector of the NASDAQ while operating in the Apparel Retail industry. The current market capitalization of Destination XL Group Inc is $146.09M. A total of 0.34 million shares were traded on the day, compared to an average of 284.69K shares.

In the most recent transaction, Fund 1 Investments, LLC sold 225,000 shares of DXLG for 3.15 per share on May 03 ’24. After the transaction, the 10% Owner now owns 5,691,577 company shares. In a previous transaction on Feb 15 ’24, Molloy Robert S sold 20,000 shares at 4.00 per share. DXLG shares that General Counsel & Secretary owns now total 240,409.

Among the insiders who sold shares, Molloy Robert S disposed of 20,000 shares on Jan 11 ’24 at a per-share price of $4.01. This resulted in the General Counsel & Secretary holding 240,409 shares of DXLG after the transaction.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, DXLG has a high of $4.57 and a low of $2.15.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. DXLG’s latest balance sheet shows that the firm has $15.51M in Cash & Short Term Investments as of fiscal 2022. There were $155.60M in debt and $95.46M in liabilities at the time. Its Book Value Per Share was $2.66, while its Total Shareholder’s Equity was $58.22M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DXLG is Buy with a score of 4.00.

Most Popular

Related Posts