XPEL (NASDAQ:XPEL) Shares Down 5.4%

XPEL, Inc. (NASDAQ:XPEL - Get Free Report) shares dropped 5.4% on Monday . The stock traded as low as $53.75 and last traded at $53.94. Approximately 30,084 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 133,739 shares. The stock had previously closed at $57.00.

XPEL Trading Down 5.5 %

The company has a quick ratio of 1.10, a current ratio of 4.02 and a debt-to-equity ratio of 0.11. The firm's 50 day simple moving average is $53.62 and its two-hundred day simple moving average is $53.76. The stock has a market capitalization of $1.49 billion, a P/E ratio of 28.41 and a beta of 1.84.

XPEL (NASDAQ:XPEL - Get Free Report) last posted its earnings results on Thursday, February 22nd. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.02). The business had revenue of $105.54 million for the quarter, compared to the consensus estimate of $96.61 million. XPEL had a return on equity of 34.38% and a net margin of 13.32%. The company's revenue was up 34.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 earnings per share. As a group, analysts forecast that XPEL, Inc. will post 2.2 earnings per share for the current fiscal year.

Institutional Trading of XPEL

Hedge funds have recently bought and sold shares of the business. State of Wyoming bought a new stake in XPEL during the second quarter worth $36,000. Federated Hermes Inc. bought a new stake in shares of XPEL in the third quarter valued at $28,000. PNC Financial Services Group Inc. raised its stake in shares of XPEL by 118.5% in the first quarter. PNC Financial Services Group Inc. now owns 601 shares of the company's stock valued at $32,000 after buying an additional 326 shares during the period. Lazard Asset Management LLC bought a new stake in shares of XPEL in the second quarter valued at $55,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of XPEL during the 1st quarter valued at $45,000. 75.08% of the stock is currently owned by institutional investors.

About XPEL

XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.