New York Times, RealReal, and SLR Investment are the three Luxury Goods stocks to watch today, according to MarketBeat's stock screener tool. Luxury goods stocks are shares of companies that design, manufacture, and sell high-end products—such as designer fashion, premium watches, luxury automobiles, and fine jewelry—targeted at affluent consumers. These firms typically enjoy strong pricing power and brand loyalty, allowing them to maintain healthy profit margins even when overall economic growth slows. Investors often view luxury goods stocks as relatively defensive, since demand for prestige items tends to remain more stable than for mass-market products. These companies had the highest dollar trading volume of any Luxury Goods stocks within the last several days.
New York Times (NYT)
The New York Times Company, together with its subsidiaries, creates, collects, and distributes news and information worldwide. The company operates through two segments, The New York Times Group and The Athletic. It offers The New York Times (The Times) through company's mobile application, website, printed newspaper, and associated content, such as podcast.
NYSE NYT traded down $1.57 during mid-day trading on Tuesday, reaching $54.61. 858,598 shares of the stock were exchanged, compared to its average volume of 1,412,198. The company has a market capitalization of $8.90 billion, a P/E ratio of 29.68, a P/E/G ratio of 1.53 and a beta of 1.11. New York Times has a 1 year low of $44.83 and a 1 year high of $58.16. The business's 50 day moving average is $55.40 and its 200-day moving average is $51.95.
Read Our Latest Research Report on NYT
RealReal (REAL)
Shares of REAL traded down $0.21 during trading on Tuesday, reaching $5.06. 1,346,985 shares of the company traded hands, compared to its average volume of 2,884,958. The stock has a 50-day simple moving average of $5.41 and a 200-day simple moving average of $6.53. RealReal has a twelve month low of $2.24 and a twelve month high of $11.38. The stock has a market cap of $571.67 million, a PE ratio of -4.49 and a beta of 2.46.
Read Our Latest Research Report on REAL
SLR Investment (SLRC)
SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies.
SLRC traded up $0.08 during trading on Tuesday, hitting $16.45. The stock had a trading volume of 180,177 shares, compared to its average volume of 172,725. The firm has a market capitalization of $897.24 million, a P/E ratio of 10.21 and a beta of 0.73. SLR Investment has a twelve month low of $13.64 and a twelve month high of $17.94. The company's 50-day moving average price is $16.34 and its 200 day moving average price is $16.46. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.05 and a current ratio of 1.05.
Read Our Latest Research Report on SLRC
Further Reading
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