At the last check on Thursday, Super Group (SGHC) Limited’s (NYSE:SGHC) stock was up $0.36, moving up 12.31 percent to $3.29. The average number of shares traded per day over the past five days has been 329,316 shares. 3 times new highs have been achieved over the past 5 days, with a $0.17 gain in that time frame. In the last twenty days, the average volume was 302,309, while in the previous 50 days, it was 726,768.
Since last month, SGHC stock rose 1.88%. Shares of the company fell to $2.84 on 08/16/23, the lowest level in the past month. A 52-week high of $5.09 was reached on 03/08/23 after having rallying from a 52-week low of $2.57. Since the beginning of this year, SGHC’s stock price has risen by 9.69% or $0.28, and marked a new high 11 times. However, the stock has declined by -35.35% since its 52-week high.
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Valuation Metrics
Right now, Super Group (SGHC) Limited (SGHC) has a P/E ratio of about 4.29. The stock’s beta is 0.99. Besides these, the trailing price-to-sales (P/S) ratio of 1.15, the price-to-book (PB) ratio of 2.89.
Financial Health
In the three months ended March 30, Super Group (SGHC) Limited’s quick ratio stood at 1.70, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.28, and the total debt-to-equity ratio was 0.30. In the year ended March 30, EBITDA margin amounted to 16.45%, whereas operating margins totaled 5.10%. Based on annual data, SGHC earned $1.25 billion in gross profit and brought in $1.36 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -14.10%. Return on equity (ROE) for the past 12 months was 72.60%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. SGHC’s revenue fell -2.2% during the quarter, while net income inched up to $1.45 billion. While analysts expected Super Group (SGHC) Limited to report $0.01 quarterly earnings, the actual figure was $0 per share. During the quarter, the company generated $6.5 million in EBITDA. The liabilities of Super Group (SGHC) Limited were 558.83 million at the end of its most recent quarter ended March 30, and its total debt was $155.66 million.
Technical Picture
This quick technical analysis looks at Super Group (SGHC) Limited’s (SGHC) price momentum. With a historical volatility rate of 65.92%, the RSI 9-day stood at 64.32% on 16 August.
With respect to its five-day moving average, the current Super Group (SGHC) Limited price is up by +5.48% percent or $0.17. At present, SGHC shares trade -1.20% below its 20-day simple moving average and -13.68% percent below its 100-day simple moving average. However, the stock is currently trading approximately -0.90% below its SMA50 and -18.60% below its SMA200.
Stochastic coefficient K was 32.45% and Stochastic coefficient D was 35.50%, while ATR was 0.21. Given the Stochastic reading of 58.74% for the 14-day period, the RSI (14) reading has been calculated as 58.35%. As of today, the MACD Oscillator reading stands at -0.03.
Analyst Ratings
Super Group (SGHC) Limited downgraded its rating on Super Group (SGHC) Limited (NYSE: SGHC) to a Hold in a note to investors on March 14, 2023. The analysts firm previously had a Buy rating on the stock.Super Group (SGHC) Limited (SGHC) has been rated Hold by analysts. According to 0 brokerage firms, SGHC is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Super Group (SGHC) Limited stock as buy, with 1 recommending it as overweight.
With a median target price of $4.82, the current consensus forecast for the stock is $4.65 – $5.00. Based on these forecasts, analysts predict Super Group (SGHC) Limited (SGHC) will achieve an average price target of $4.82.
