Sequential Brands Group Inc. (NASDAQ:SQBG) shares traded lower over the last trading session, losing -18.98% on 06/10/21. The shares fell to a low of $9.70 before closing at $9.82. Intraday shares traded counted 0.61 million, which was 4.38% higher than its 30-day average trading volume of 637.54K. SQBG’s previous close was $12.12 while the outstanding shares total 1.65M. The firm has a beta of 1.55. The stock’s Relative Strength Index (RSI) is 43.43, with weekly volatility at 19.14% and ATR at 2.10. The SQBG stock’s 52-week price range has touched low of $4.14 and a $40.49 high.
Investors have identified the Apparel Manufacturing company Sequential Brands Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $13.94 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Sequential Brands Group Inc. (SQBG) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For SQBG, the company has in raw cash 15.5 million on their books with 17.75 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 66.33 million total, with 42.17 million as their total liabilities.
Is the stock of SQBG attractive?
In related news, 10% Owner, STEWART MARTHA sold 3,266 shares of the company’s stock in a transaction that recorded on Jun 07. The sale was performed at an average price of 10.82, for a total value of 35,339. As the sale deal closes, the 10% Owner, STEWART MARTHA now sold 3,000 shares of the company’s stock, valued at 32,221. In the last 6 months, insiders have changed their ownership in shares of company stock by 26.70%.