Investors Cash In On Douglas Elliman Inc’s 5.62% Gain

Douglas Elliman Inc (NYSE:DOUG) price is hovering higher on current market day and jumping 5.62% above its previous close.

A look at today’s price movement shows that the recent level at last check reads $1.78, with intraday deals fluctuating between $1.7996 and $1.89. The company’s 5Y monthly beta was ticking 1.378. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.98 and 52-week low of $1.00. The stock added 12.57% on its value in the past month.

Douglas Elliman Inc, which has a market valuation of $167.64 million, is expected to release its quarterly earnings report in March.

Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give DOUG a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.

Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned DOUG a recommendation rating as follows: 0 rate it as a Hold; 1 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Douglas Elliman Inc (DOUG) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.

The overview shows that DOUG’s price is at present 10.36% off the SMA20 and -2.59% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 58.37, with weekly volatility standing at 4.84%. The indicator jumps to 6.51% when calculated based on the past 30 days. Douglas Elliman Inc (NYSE:DOUG)’s beta value is holding at 1.62, while the average true range (ATR) indicator is currently reading 0.11.

An analysis of the Douglas Elliman Inc (NYSE:DOUG) stock in terms of its daily trading volume indicates that the 3-month average is 939.92K. However, this figure increases on the past 10-day timeline to an average of 0.59 million.

Current records show that the company has 91.83M in outstanding shares. The insiders’ percentage holdings are 19.69% of outstanding shares while the percentage share held by institutions stands at 45.89%. The stats also highlight that short interest as of 2025-01-15, stood at 0.9 million shares, which puts the short ratio at the time at 0.86. From this we can glean that short interest is 115.00 of company’s current outstanding shares. Notably, we see that shares short in January rose slightly given the previous month’s figure stood at 0.74 million. But the 12.57% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

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