Top Luxury Goods Stocks Worth Watching – August 8th

RealReal, New York Times, and SLR Investment are the three Luxury Goods stocks to watch today, according to MarketBeat’s stock screener tool. Luxury goods stocks are shares of publicly traded companies that design, manufacture or retail high-end products—such as designer apparel, luxury automobiles, premium watches and fine jewelry—targeted primarily at affluent consumers. These stocks tend to carry strong brand premiums, high profit margins and pricing power, which can make them more resilient to economic swings than mass-market consumer goods. Investors often view them as a play on rising global wealth and stable consumer demand in luxury markets. These companies had the highest dollar trading volume of any Luxury Goods stocks within the last several days.

RealReal (REAL)

Shares of NASDAQ:REAL traded up $0.98 during midday trading on Friday, reaching $6.49. 13,416,967 shares of the company’s stock traded hands, compared to its average volume of 3,293,020. The company has a fifty day simple moving average of $5.42 and a two-hundred day simple moving average of $6.10. RealReal has a 1 year low of $2.24 and a 1 year high of $11.38. The company has a market cap of $733.39 million, a P/E ratio of -5.75 and a beta of 2.48.

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.

New York Times stock traded down $0.68 during midday trading on Friday, reaching $57.51. The company had a trading volume of 1,169,901 shares, compared to its average volume of 1,788,281. New York Times has a 12-month low of $44.83 and a 12-month high of $62.24. The company has a market capitalization of $9.38 billion, a P/E ratio of 29.65, a P/E/G ratio of 1.69 and a beta of 1.09. The firm’s fifty day simple moving average is $55.05 and its 200-day simple moving average is $52.17.

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 $0.18 during mid-day trading on Friday, hitting $16.44. The stock had a trading volume of 87,059 shares, compared to its average volume of 183,272. The firm’s 50 day moving average is $16.35 and its 200 day moving average is $16.44. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.08 and a quick ratio of 1.05. The stock has a market capitalization of $896.69 million, a price-to-earnings ratio of 10.14 and a beta of 0.74. SLR Investment has a twelve month low of $13.64 and a twelve month high of $17.94.