Revolve Group Inc. (NYSE:RVLV) went down by -0.48% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Internet Retail giant went up by $16.61 to trade ended Thursday trading at $16.69. This is down from the $16.69 price recorded on Wednesday’s trading session. Its performance from the start of the year has also been negative, with RVLV down by -9.53% year-to-date.
Revolve Group Inc. (RVLV) started the day trading at $16.57 and recorded an intraday high of $16.78. It also recorded an intraday low of $16.125 during Thursday’s trading session. Revolve Group Inc. is a very active stock that recorded a trading volume that is less than -83.29% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 600151, which is less than -83.29 of the total average daily trading volume of 1.10 million.
Revolve Group Inc. (NYSE:RVLV) 2020 Performance Impressive
The increase in RVLV’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of RVLV currently stands at $48.36, which is higher than the current trading price of the stock by 65.65%. However, RVLV’s current trading price is -131.66% lower than the 52-week low price of $7.17. In terms of trading volume, Revolve Group Inc. currently experienced healthy participation during the last trading session. 600151 shares of Revolve Group Inc. were traded on the stock exchange on Thursday, which is less than -83.29% of the 1.10 million average trading volume of the stock.
The performance of the stock has been positive over the past year. RVLV’s performance over the past one year has seen it plunge by -64.63%, while the stock has gone down by -1.19% in the last six months. The quarterly performance of RVLV currently stands at 88.54%, and it is up by 21.86% in the last month. The only positive figure was from the weekly performance, which currently reads 10.22%. At the time of writing RVLV’s report, the company has a total market cap of $1.15B, making it one of the largest publicly-traded companies in the world.Revolve Group Inc. also has over 1088 employees all over the world.
RVLV Insider Activities
For Revolve Group Inc., insiders hold 81.00% of all company shares. The insider transactions over the past six months are up by 30.80%. During that period, insiders bought 202,618 shares in 6 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at Revolve Group Inc. now hold 876.98k shares, which is over 95.91% of the total company stocks. Institutional investors currently hold a large chunk of the RVLV shares, as they control 1.26% of the company’s total stock.
RVLV Fundamental Analysis
For Revolve Group Inc., the stock’s diluted earnings per share (EPS) stands at -0.10. In the coming year, analysts expect the EPS to be 0.52.
The Return on Investment (ROI) on Revolve Group Inc.’s stock currently stands at 28.00%, and it has a net profit margin of -1.00%. The operating margin of the company is 7.40%, and its gross margin is 52.80%.
RVLV Analysts Prediction
In May 14, 2020, several analysts reiterated their positions on the Revolve Group Inc. stock and predicted its performance to their investors. The analysts at B. Riley FBR believe RVLV is still a Buy and set the price target between $13 and $17. Morgan Stanley reiterate their Equal-Weight position on the stock ($24 and $20)
B. Riley FBR and Jefferies also believe that Revolve Group Inc.’s stock is outperforming at the moment.
RVLV Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of RVLV currently stands at 7.40%, while the SMA50 is 26.98%. The biggest one is the SMA200, which is currently reading -0.96% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 59.45.