New York Times, RealReal, and Riskified are the three Luxury Goods stocks to watch today, according to MarketBeat's stock screener tool. Luxury goods stocks are shares of companies whose primary business is designing, manufacturing, and selling high-end products—such as designer apparel, premium watches, luxury automobiles, fine jewelry, and upscale accessories. These companies typically command strong brand recognition and pricing power, which can lead to steadier profit margins even in fluctuating economic conditions. Investors view luxury goods stocks as a play on affluent consumer spending and global wealth growth. 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 $0.07 on Monday, reaching $57.05. The stock had a trading volume of 688,804 shares, compared to its average volume of 1,359,687. The stock has a market cap of $9.30 billion, a P/E ratio of 32.05, a price-to-earnings-growth ratio of 1.75 and a beta of 1.16. The business's 50-day moving average price is $51.44 and its 200 day moving average price is $51.59. New York Times has a 12-month low of $44.83 and a 12-month high of $58.16.
Read Our Latest Research Report on NYT
RealReal (REAL)
Shares of NASDAQ:REAL traded down $0.26 during trading on Monday, reaching $5.39. The company had a trading volume of 1,339,322 shares, compared to its average volume of 2,846,736. The firm has a market capitalization of $609.92 million, a price-to-earnings ratio of -4.19 and a beta of 2.61. The stock's fifty day moving average price is $5.60 and its 200 day moving average price is $6.97. RealReal has a fifty-two week low of $2.24 and a fifty-two week high of $11.38.
Read Our Latest Research Report on REAL
Riskified (RSKD)
Riskified Ltd., together with its subsidiaries, develops and offers an e-commerce risk management platform that allows online merchants to create trusted relationships with consumers in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and the Americas. It offers Chargeback Guarantee that ensures the legitimacy of merchants' online orders; Policy Protect, a machine learning solution designed to detect and prevent refund and returns policy abuse in real-time; Account Secure, a solution that cross-checks every login attempt; Dispute Resolve, which is used to compile submissions for fraud and non-fraud related chargeback issues; and PSD2 Optimize that helps merchants avoid bank authorization failures and abandoned shopping carts.
Shares of NYSE:RSKD traded up $0.03 during trading on Monday, reaching $5.04. The company had a trading volume of 413,869 shares, compared to its average volume of 596,916. The firm has a market capitalization of $811.69 million, a price-to-earnings ratio of -25.17 and a beta of 1.36. The stock's fifty day moving average price is $4.66 and its 200 day moving average price is $4.86. Riskified has a fifty-two week low of $3.94 and a fifty-two week high of $6.65.
Read Our Latest Research Report on RSKD
Read More
Before you consider New York Times, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and New York Times wasn't on the list.
While New York Times currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.