Promising Luxury Goods Stocks To Research - July 22nd

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 equity shares of companies that design, manufacture or retail premium products—such as haute couture fashion, fine jewelry, luxury automobiles and upscale accessories—targeted primarily at affluent consumers. These stocks typically command higher profit margins and pricing power thanks to strong brand prestige, but they can also exhibit greater sensitivity to economic cycles, shifts in consumer confidence and changes 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.

NYSE NYT traded up $0.37 on Tuesday, hitting $53.64. 969,501 shares of the company were exchanged, compared to its average volume of 1,714,789. New York Times has a twelve month low of $44.83 and a twelve month high of $58.16. The company's 50 day moving average price is $55.48 and its 200-day moving average price is $52.00. The firm has a market capitalization of $8.75 billion, a P/E ratio of 29.15, a price-to-earnings-growth ratio of 1.46 and a beta of 1.11.

Read Our Latest Research Report on NYT

RealReal (REAL)

NASDAQ:REAL traded up $0.59 on Tuesday, hitting $6.50. 4,780,998 shares of the company's stock traded hands, compared to its average volume of 2,915,949. RealReal has a 1 year low of $2.24 and a 1 year high of $11.38. The firm has a 50-day moving average price of $5.32 and a 200-day moving average price of $6.39. The company has a market cap of $734.52 million, a PE ratio of -5.75 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.

NYSE:RSKD traded down $0.02 on Tuesday, hitting $5.59. 430,015 shares of the company's stock traded hands, compared to its average volume of 561,796. Riskified has a 1 year low of $3.94 and a 1 year high of $6.49. The firm has a 50-day moving average price of $5.04 and a 200-day moving average price of $4.93. The company has a market cap of $900.36 million, a PE ratio of -25.39 and a beta of 1.36.

Read Our Latest Research Report on RSKD

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.