Diversey Holdings Ltd. (NASDAQ:DSEY) shares, rose in value on Wednesday, 03/09/22, with the stock price up by 15.33% to the previous day’s close as strong demand from buyers drove the stock to $8.65.
Actively observing the price movement in the last trading, the stock closed the session at $7.50, falling within a range of $7.76 and $9.44. Referring to stock’s 52-week performance, its high was $18.61, and the low was $7.26. On the whole, DSEY has fluctuated by -17.54% over the past month.
With the market capitalization of Diversey Holdings Ltd. currently standing at about $2.67 billion, investors are eagerly awaiting this quarter’s results, scheduled for Nov 05, 2021. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.14, which is expected to increase to $0.18 for fiscal year $0.5 and then to about $0.62 by fiscal year 2022.
Analysts have estimated the company’s revenue for the quarter at $680.59 million, with a low estimate of $667.01 million and a high estimate of $735 million.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that DSEY’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of DSEY currently trading nearly -11.43% and -22.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.59, while the 7-day volatility ratio is showing 10.70% which for the 30-day chart, stands at 6.80%. Furthermore, Diversey Holdings Ltd. (DSEY)’s average true range (ATR) is 0.71.
In comparison, The Procter & Gamble Company (PG) has moved higher at 1.35% on the day and was up 16.83% over the past 12 months. Additionally, there is a gain of 1.46% for Rocket Companies Inc. (RKT) in last trading while the stock has seen an overall depriciation of -50.84%% over the past year. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 2.57%. Meanwhile, the Dow Jones Industrial Improved by 2.00%.
Data on historical trading for Diversey Holdings Ltd. (NASDAQ:DSEY) indicates that the trading volumes over the past 3 months, they’ve averaged 912.86K. According to company’s latest data on outstanding shares, there are 301.60 million shares outstanding.
Nearly 3.30% of Diversey Holdings Ltd.’s shares belong to company insiders and institutional investors own 98.06% of the company’s shares. The stock has fallen by -35.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DSEY stock heading into the next quarter.