SmileDirectClub Inc. (NASDAQ:SDC) finished Wednesday with a subtraction of -$0.02 to close at $1.03, a downside of -1.90 percent. An average of 2,668,340 shares of common stock have been traded in the last five days. There was a fall of -$0.0900 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 2,349,145 shares traded, while the 50-day average volume stands at 5,030,210.
SDC stock has decreased by -24.82% in the last month. The company shares reached their 1-month lowest point of $1.0200 on 09/21/22. With the stock rallying to its 52-week high on 03/30/22, shares of the company touched a low of $0.98 and a high of $7.09 in 52 weeks. It has reached a new high 7 times so far this year and lost -56.17% or -$1.3200 in price. In spite of this, the price is down -85.47% from the 52-week high.
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199 days have passed since SmileDirectClub Inc. (SDC) last reported insider trading activity. WALLMAN RICHARD F, who is Director, most recently acquired $100,285 shares at $2.00 per share on Mar 07.
SmileDirectClub Inc. (SDC) has a trailing price-to-sales (P/S) ratio at 0.82, the price-to-book (PB) ratio at 0.88.
The quick ratio of SmileDirectClub Inc. for the three months ended June 29 was 2.30, and the current ratio was 2.50, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 5.57 and a total debt to equity ratio of 5.61 for the quarter ending June 29. Its gross profit as reported stood at $460.01 million compared to revenue of $637.61 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, SmileDirectClub Inc.’s return on assets was -12.90%.
For the three-month period that ended June 29, SmileDirectClub Inc. had $785.96 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$20.31 million in the quarter, while revenues of -$22.58 million were grew 16.89%. The analyst consensus anticipated SmileDirectClub Inc.’s latest quarter earnings to come in at -$0.14 per share, but it turned out to be -$0.17, a -21.40% surprise. For the quarter, EBITDA amounted to -$34.13 million. Shareholders own equity worth $389.96 million.
From a technical analysis perspective, let’s take a brief look at SmileDirectClub Inc. (SDC) price momentum. RSI 9-day as of the close on 21 September was 35.22%, suggesting the stock is Neutral, with historical volatility in this time frame at 87.74%.
As of today, SDC’s price is $1.1160 -8.04% or -$0.0900 from its 5-day moving average. SDC is currently trading -21.37% lower than its 20-day SMA and -47.45% lower than its 100-day SMA.
The stochastic %K and %D were 10.89% and 25.03%, respectively, and the average true range (ATR) was 0.1071. With the 14-day stochastic at 3.03% and the average true range at 0.1226, the RSI (14) stands at 39.39%. The stock has reached -0.0911 on the 9-day MACD Oscillator while the 14-day reading was at -0.0986.
Loop Capital downgraded SmileDirectClub Inc. (NASDAQ: SDC) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a Hold.