Promising Luxury Goods Stocks To Consider – June 30th

New York Times, RealReal, SLR Investment, and Riskified are the five Luxury Goods stocks to watch today, according to MarketBeat’s stock screener tool. Luxury goods stocks are equity shares of companies that design, produce and sell high-end products such as designer fashion, premium watches, luxury automobiles and upscale accessories. These firms rely on strong brand prestige, exclusivity and superior craftsmanship to command premium prices and sustain above-average profit margins. Investors often view luxury goods stocks as a proxy for rising consumer wealth and a potential hedge during economic expansions, though they can be sensitive to 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.

NYSE:NYT traded up $0.36 on Monday, hitting $55.97. The stock had a trading volume of 593,621 shares, compared to its average volume of 1,393,844. New York Times has a 1 year low of $44.83 and a 1 year high of $58.16. The firm’s fifty day simple moving average is $54.24 and its two-hundred day simple moving average is $51.74. The stock has a market cap of $9.13 billion, a P/E ratio of 30.42, a price-to-earnings-growth ratio of 1.93 and a beta of 1.13.

RealReal (REAL)

Shares of REAL stock traded down $0.07 during trading on Monday, hitting $4.82. The company’s stock had a trading volume of 1,079,901 shares, compared to its average volume of 3,324,022. The business has a fifty day moving average of $5.56 and a 200-day moving average of $6.86. The company has a market cap of $545.09 million, a PE ratio of -4.27 and a beta of 2.53. RealReal has a 52 week low of $2.24 and a 52 week high of $11.38.

SLR Investment (SLRC)

SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies.

NASDAQ SLRC traded up $0.16 during trading hours on Monday, reaching $16.25. 211,190 shares of the company were exchanged, compared to its average volume of 169,068. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.05 and a current ratio of 1.05. SLR Investment has a 1 year low of $13.64 and a 1 year high of $17.94. The business’s 50 day simple moving average is $16.20 and its 200-day simple moving average is $16.45.

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 RSKD stock traded up $0.05 during trading hours on Monday, hitting $5.02. 174,899 shares of the company were exchanged, compared to its average volume of 581,128. The stock has a market capitalization of $809.27 million, a price-to-earnings ratio of -22.82 and a beta of 1.38. Riskified has a 52-week low of $3.94 and a 52-week high of $6.65. The firm has a fifty day simple moving average of $4.88 and a 200 day simple moving average of $4.89.