Shoals Technologies Group Inc (SHLS) concluded trading on Wednesday at a closing price of $3.33, with 4.12 million shares of worth about $13.71 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -36.33% during that period and on April 16, 2025 the price saw a gain of about 1.22%. Currently the company’s common shares owned by public are about 166.76M shares, out of which, 164.78M shares are available for trading.
Stock saw a price change of -9.02% in past 5 days and over the past one month there was a price change of 0.30%. Year-to-date (YTD), SHLS shares are showing a performance of -39.78% which decreased to -61.81% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.71 but also hit the highest price of $9.17 during that period. The average intraday trading volume for Shoals Technologies Group Inc shares is 6.32 million. The stock is currently trading 0.23% above its 20-day simple moving average (SMA20), while that difference is down -5.97% for SMA50 and it goes to -33.17% lower than SMA200.
Shoals Technologies Group Inc (NASDAQ: SHLS) currently have 166.76M outstanding shares and institutions hold larger chunk of about 110.35% of that.
The stock has a current market capitalization of $556.65M and its 3Y-monthly beta is at 1.49. PE ratio of stock for trailing 12 months is 23.35, while it has posted earnings per share of $0.14 in the same period. Its PEG reads 1.36 and has Quick Ratio of 1.64 while making debt-to-equity ratio of 0.26. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SHLS, volatility over the week remained 8.22% while standing at 8.85% over the month.
Stock’s fiscal year EPS is expected to rise by 7.90% while it is estimated to increase by 21.93% in next year. EPS is likely to grow at an annualized rate of 17.11% for next 5-years, compared to annual growth of -12.58% made by the stock over the past 5-years.
Coverage by Morgan Stanley stated Shoals Technologies Group Inc (SHLS) stock as an Overweight in their note to investors on December 17, 2024, suggesting a price target of $7 for the stock. On November 25, 2024, BofA Securities Initiated their recommendations, while on November 13, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $11. Stock get an Equal weight rating from Wells Fargo on October 14, 2024.
