Daktronics Inc (NASDAQ:DAKT) shares, rose in value on Wednesday, June 18, with the stock price up by 2.45% to the previous day’s close as strong demand from buyers drove the stock to $14.23.
Actively observing the price movement in the last trading, the stock closed the session at $13.89, falling within a range of $13.81 and $14.24. The value of beta (5-year monthly) was 1.626. Referring to stock’s 52-week performance, its high was $19.89, and the low was $10.24. On the whole, DAKT has fluctuated by -7.54% over the past month.
With the market capitalization of Daktronics Inc currently standing at about $709.98 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-05.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DAKT’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 DAKT currently trading nearly -1.51% and 3.67% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.98, while the 7-day volatility ratio is showing 2.73% which for the 30-day chart, stands at 3.98%. Furthermore, Daktronics Inc (DAKT)’s beta value is 1.63, and its average true range (ATR) is 0.51.
A comparison of Daktronics Inc (DAKT) with its peers suggests the former has fared considerably weaker in the market. DAKT showed an intraday change of 2.45% in last session, and over the past year, it grew by 30.07%%.
Data on historical trading for Daktronics Inc (NASDAQ:DAKT) indicates that the trading volumes over the past 10 days have averaged 0.32 and over the past 3 months, they’ve averaged 444.54K. According to company’s latest data on outstanding shares, there are 46.56 million shares outstanding.
Nearly 11.99% of Daktronics Inc’s shares belong to company insiders and institutional investors own 74.41% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.26 million shares as on 2025-05-30, resulting in a short ratio of 4.63. According to the data, the short interest in Daktronics Inc (DAKT) stood at 544.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 2.18 million. The stock has fallen by -15.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DAKT stock heading into the next quarter.
