Douglas Elliman Inc [NYSE: DOUG] traded at a high on Friday, posting a 35.51 gain after which it closed the day’ session at $2.90.
The results of the trading session contributed to over 14292751 shares changing hands. Over the past one week, the price volatility of Douglas Elliman Inc stands at 16.43% while the volatility over the past one month is 7.24%.
The market cap for DOUG stock reached $257.34 million, with 88.74 million shares outstanding and 71.03 million shares in the current float. Compared to the average trading volume of 542.80K shares, DOUG reached a trading volume of 14292751 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Douglas Elliman Inc [DOUG]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DOUG shares is $3.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DOUG stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BTIG Research have made an estimate for Douglas Elliman Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 18, 2023. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on February 24, 2022, representing the official price target for Douglas Elliman Inc stock.
The Average True Range (ATR) for Douglas Elliman Inc is set at 0.20, with the Price to Sales ratio for DOUG stock in the period of the last 12 months amounting to 0.25. The Price to Book ratio for the last quarter was 1.63, with the Price to Cash per share for the same quarter was set at 1.61.
How has DOUG stock performed recently?
Douglas Elliman Inc [DOUG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 31.22. With this latest performance, DOUG shares gained by 77.91% in over the last four-week period, additionally plugging by 27.75% over the last 6 months – not to mention a rise of 124.81% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DOUG stock in for the last two-week period is set at 83.06, with the RSI for the last a single of trading hit 86.92, and the three-weeks RSI is set at 78.30 for Douglas Elliman Inc [DOUG]. The present Moving Average for the last 50 days of trading for this stock 1.81, while it was recorded at 2.33 for the last single week of trading, and 1.86 for the last 200 days.
Insider trade positions for Douglas Elliman Inc [DOUG]
The top three institutional holders of DOUG stocks are: CLEARLINE CAPITAL LP with ownership of 4.35 million shares, which is approximately 5.2151%. RENAISSANCE TECHNOLOGIES LLC, holding 3.76 million shares of the stock with an approximate value of $$4.36 million in DOUG stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $$4.25 million in DOUG stock with ownership which is approximately 4.3943%.
