Shoals Technologies Group Inc (NASDAQ:SHLS) shares, rose in value on Thursday, July 10, with the stock price up by 0.61% to the previous day’s close as strong demand from buyers drove the stock to $5.78.
Actively observing the price movement in the last trading, the stock closed the session at $5.74, falling within a range of $5.68 and $5.93. The value of beta (5-year monthly) was 1.634 whereas the PE ratio was 51.15 over 12-month period. Referring to stock’s 52-week performance, its high was $7.08, and the low was $2.71. On the whole, SHLS has fluctuated by 13.33% over the past month.
With the market capitalization of Shoals Technologies Group Inc currently standing at about $966.27 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-06.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SHLS’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 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.06, with the price of SHLS currently trading nearly 10.21% and 17.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.16, while the 7-day volatility ratio is showing 7.57% which for the 30-day chart, stands at 8.19%. Furthermore, Shoals Technologies Group Inc (SHLS)’s beta value is 1.58.
A comparison of Shoals Technologies Group Inc (SHLS) with its peers suggests the former has fared considerably weaker in the market. SHLS showed an intraday change of 0.61% in last session, and over the past year, it grew by 4.52%%.
Data on historical trading for Shoals Technologies Group Inc (NASDAQ:SHLS) indicates that the trading volumes over the past 10 days have averaged 7.53 and over the past 3 months, they’ve averaged 6.81 million. According to company’s latest data on outstanding shares, there are 167.17 million shares outstanding.
Nearly 1.82% of Shoals Technologies Group Inc’s shares belong to company insiders and institutional investors own 112.28% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 21.68 million shares as on 2025-06-13, resulting in a short ratio of 3.01. According to the data, the short interest in Shoals Technologies Group Inc (SHLS) stood at 1683.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 15.9 million. The stock has fallen by -4.93% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SHLS stock heading into the next quarter.
