Weiss Ratings reiterated their sell (e+) rating on shares of 1stdibs.Com (NASDAQ:DIBS - Free Report) in a report released on Saturday, May 24th,Weiss Ratings reports.
Separately, Wall Street Zen lowered 1stdibs.Com from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd.
View Our Latest Analysis on DIBS
1stdibs.Com Stock Performance
NASDAQ:DIBS remained flat at $2.50 during trading hours on Friday. The company's stock had a trading volume of 259,918 shares, compared to its average volume of 120,242. 1stdibs.Com has a 52 week low of $2.30 and a 52 week high of $5.80. The business's 50-day simple moving average is $2.56 and its two-hundred day simple moving average is $3.29. The firm has a market cap of $89.21 million, a P/E ratio of -5.95 and a beta of 1.03.
1stdibs.Com (NASDAQ:DIBS - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.01). The firm had revenue of $22.55 million for the quarter, compared to analyst estimates of $22.28 million. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. As a group, sell-side analysts expect that 1stdibs.Com will post -0.52 earnings per share for the current fiscal year.
Institutional Trading of 1stdibs.Com
A number of large investors have recently added to or reduced their stakes in DIBS. Intech Investment Management LLC bought a new position in 1stdibs.Com in the 4th quarter worth $36,000. Kovitz Investment Group Partners LLC bought a new position in shares of 1stdibs.Com in the first quarter worth about $42,000. Wells Fargo & Company MN raised its stake in shares of 1stdibs.Com by 26.0% during the fourth quarter. Wells Fargo & Company MN now owns 14,256 shares of the company's stock worth $50,000 after buying an additional 2,939 shares during the last quarter. Jane Street Group LLC bought a new stake in 1stdibs.Com in the first quarter valued at approximately $45,000. Finally, Virtu Financial LLC bought a new stake in 1stdibs.Com in the first quarter valued at approximately $63,000. 66.97% of the stock is currently owned by institutional investors.
About 1stdibs.Com
(
Get Free Report)
1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.
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