In yesterday’s Wall Street session, Douglas Elliman Inc (NYSE:DOUG) shares traded at $1.74, up 28.89% from the previous session.
DOUG stock price is now 46.10% away from the 50-day moving average and -0.04% away from the 200-day moving average. The market capitalization of the company currently stands at $159.58M.
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On February 24, 2022, Jefferies recently initiated its ‘Buy’ rating on the stock quoting a target price of $8.50
In other news, Liebowitz Michael, Director bought 197,398 shares of the company’s stock on Jul 10 ’24. The stock was bought for $232,930 at an average price of $1.18. Upon completion of the transaction, the Director now directly owns 396,968 shares in the company, valued at $0.69 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 10 ’24, Executive Vice President & COO LAMPEN RICHARD bought 75,000 shares of the business’s stock. A total of $89,648 was incurred on buying the stock at an average price of $1.20. This leaves the insider owning 2,272,804 shares of the company worth $3.95 million. A total of 21.66% of the company’s stock is owned by insiders.
During the past 12 months, Douglas Elliman Inc has had a low of $1.00 and a high of $3.16. The fifty day moving average price for DOUG is $1.2034 and a two-hundred day moving average price translates $1.7384 for the stock.
The latest earnings results from Douglas Elliman Inc (NYSE: DOUG) was released for 2024-03-31. The net profit margin was -7.04% and return on equity was -29.84% for DOUG. The company reported revenue of $200.24 million for the quarter, compared to $213.98 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.42 percent.
