Landsea Homes Corporation (NASDAQ:LSEA) shares, rose in value on Friday, May 30, without any change to the previous day’s close as strong demand from buyers drove the stock to $11.27.
Actively observing the price movement in the last trading, the stock closed the session at $11.27. The PE ratio was 42.15 over 12-month period. Referring to stock’s 52-week performance, its high was $14.04, and the low was $5.41. On the whole, LSEA has fluctuated by 84.75% over the past month.
With the market capitalization of Landsea Homes Corporation currently standing at about $410.34 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LSEA’s technical picture suggests that short-term indicators denote the stock is a 100% 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% Buy.
The stock’s technical analysis shows that the price of LSEA currently trading nearly 18.75% and 49.50% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 84.65, while the 7-day volatility ratio is showing 0.05% which for the 30-day chart, stands at 10.75%. Furthermore, Landsea Homes Corporation (LSEA)’s beta value is 1.91, and its average true range (ATR) is 0.33.
A comparison of Landsea Homes Corporation (LSEA) with its peers suggests the former has fared considerably weaker in the market. LSEA showed an intraday change of 0.00% in last session, and over the past year, it grew by 8.89%%.
Data on historical trading for Landsea Homes Corporation (NASDAQ:LSEA) indicates that the trading volumes over the past 3 months, they’ve averaged 1.02 million. According to company’s latest data on outstanding shares, there are 36.40 million shares outstanding.
Nearly 40.28% of Landsea Homes Corporation’s shares belong to company insiders and institutional investors own 59.81% of the company’s shares. The stock has risen by 32.74% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LSEA stock heading into the next quarter.
