Luxury Goods Stocks To Watch Today - July 30th

Key Points

• New York Times, RealReal, and Riskified are the top luxury goods stocks to watch today, highlighting their recent high trading volumes.
• Shares of New York Times (NYSE: NYT) traded down to $51.43, with a market capitalization of $8.39 billion and a P/E ratio of 27.89.
• RealReal (NASDAQ: REAL) and Riskified (NYSE: RSKD) also saw declines, with RealReal trading at $5.35 and Riskified at $5.11, both indicating significant volatility in their share prices.

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 publicly traded companies that design, manufacture and sell high-end, premium-priced consumer products—such as designer fashion, luxury watches, jewelry and upscale automobiles. These stocks typically benefit from strong brand recognition, affluent customer loyalty and pricing power, but can also be sensitive to global economic cycles and shifts in discretionary spending. 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.

Shares of NYSE NYT traded down $0.57 during midday trading on Wednesday, reaching $51.43. 1,106,251 shares of the stock were exchanged, compared to its average volume of 1,715,023. The company has a market capitalization of $8.39 billion, a price-to-earnings ratio of 27.89, a P/E/G ratio of 1.42 and a beta of 1.11. New York Times has a 12 month low of $44.83 and a 12 month high of $58.16. The business has a 50-day simple moving average of $55.14 and a two-hundred day simple moving average of $52.03.

Read Our Latest Research Report on NYT

RealReal (REAL)

NASDAQ:REAL traded down $0.17 on Wednesday, hitting $5.35. 1,619,894 shares of the company's stock were exchanged, compared to its average volume of 3,210,059. The firm has a 50-day moving average price of $5.39 and a 200-day moving average price of $6.25. RealReal has a 52 week low of $2.24 and a 52 week high of $11.38. The company has a market cap of $604.47 million, a P/E ratio of -4.70 and a beta of 2.46.

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 Riskified stock traded down $0.13 during trading on Wednesday, hitting $5.11. 395,955 shares of the stock were exchanged, compared to its average volume of 503,120. Riskified has a 1-year low of $3.94 and a 1-year high of $6.37. The stock has a market capitalization of $824.27 million, a price-to-earnings ratio of -23.22 and a beta of 1.36. The company has a fifty day moving average price of $5.10 and a 200-day moving average price of $4.96.

Read Our Latest Research Report on RSKD