Weiss Ratings reaffirmed their sell (e+) rating on shares of 1stdibs.Com (NASDAQ:DIBS - Free Report) in a research report sent to investors on Wednesday morning,Weiss Ratings reports.
Separately, Wall Street Zen lowered shares of 1stdibs.Com from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd.
Read Our Latest Stock Report on DIBS
1stdibs.Com Trading Down 5.3%
Shares of 1stdibs.Com stock traded down $0.15 during trading on Wednesday, hitting $2.68. The stock had a trading volume of 108,766 shares, compared to its average volume of 121,958. The firm has a market cap of $95.63 million, a price-to-earnings ratio of -6.38 and a beta of 1.03. 1stdibs.Com has a 12 month low of $2.30 and a 12 month high of $5.07. The business's 50-day moving average is $2.54 and its 200 day moving average is $3.21.
1stdibs.Com (NASDAQ:DIBS - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.01). The firm had revenue of $22.55 million during the quarter, compared to the consensus estimate of $22.28 million. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. As a group, equities analysts expect that 1stdibs.Com will post -0.52 EPS for the current year.
Institutional Trading of 1stdibs.Com
Institutional investors and hedge funds have recently bought and sold shares of the stock. Intech Investment Management LLC purchased a new stake in 1stdibs.Com in the fourth quarter worth about $36,000. Kovitz Investment Group Partners LLC bought a new stake in 1stdibs.Com in the 1st quarter worth approximately $42,000. Jane Street Group LLC bought a new stake in 1stdibs.Com in the 1st quarter worth approximately $45,000. Wells Fargo & Company MN grew its position in 1stdibs.Com by 26.0% in the 4th quarter. Wells Fargo & Company MN now owns 14,256 shares of the company's stock worth $50,000 after purchasing an additional 2,939 shares during the period. Finally, Virtu Financial LLC purchased a new position in shares of 1stdibs.Com during the 1st quarter worth $63,000. 66.97% of the stock is currently owned by hedge funds and other institutional investors.
1stdibs.Com Company Profile
(
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1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.
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