Douglas Elliman Inc (NYSE:DOUG) shares, rose in value on Friday, March 07, with the stock price up by 0.59% to the previous day’s close as strong demand from buyers drove the stock to $1.71.
Actively observing the price movement in the last trading, the stock closed the session at $1.70. Referring to stock’s 52-week performance, its high was $2.98, and the low was $1.00. On the whole, DOUG has fluctuated by -13.64% over the past month.
With the market capitalization of Douglas Elliman Inc currently standing at about $152.47 million, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DOUG’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of DOUG currently trading nearly -10.56% and -4.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.54, while the 7-day volatility ratio is showing 9.13% which for the 30-day chart, stands at 7.18%. Furthermore, Douglas Elliman Inc (DOUG)’s beta value is 1.59, and its average true range (ATR) is 0.13.
Data on historical trading for Douglas Elliman Inc (NYSE:DOUG) indicates that the trading volumes over the past 3 months, they’ve averaged 817.20K. According to company’s latest data on outstanding shares, there are 91.83 million shares outstanding.
Nearly 19.80% of Douglas Elliman Inc’s shares belong to company insiders and institutional investors own 48.48% of the company’s shares. The stock has risen by 2.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DOUG stock heading into the next quarter.
