Shoals Technologies Group Stock Price History

SHLS Stock  USD 4.40  0.01  0.23%   
If you're considering investing in Shoals Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shoals Technologies stands at 4.40, as last reported on the 22nd of November, with the highest price reaching 4.60 and the lowest price hitting 4.34 during the day. Shoals Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0451, which indicates the firm had a -0.0451% return per unit of risk over the last 3 months. Shoals Technologies Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shoals Technologies' Risk Adjusted Performance of (0.01), variance of 24.31, and Coefficient Of Variation of (3,266) to confirm the risk estimate we provide.
  
At this time, Shoals Technologies' Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 494.1 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 446.2 M in 2024. . Price To Sales Ratio is likely to drop to 4.96 in 2024. Price Earnings Ratio is likely to drop to 60.63 in 2024. Shoals Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0451

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSHLS

Estimated Market Risk

 4.94
  actual daily
43
57% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shoals Technologies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Shoals Technologies by adding Shoals Technologies to a well-diversified portfolio.
Price Book
1.3484
Enterprise Value Ebitda
11.0045
Price Sales
1.7393
Shares Float
156.7 M
Wall Street Target Price
7.8182

Shoals Technologies Stock Price History Chart

There are several ways to analyze Shoals Stock price data. The simplest method is using a basic Shoals candlestick price chart, which shows Shoals Technologies price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 11, 20246.5
Lowest PriceNovember 19, 20244.15

Shoals Technologies November 22, 2024 Stock Price Synopsis

Various analyses of Shoals Technologies' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Shoals Stock. It can be used to describe the percentage change in the price of Shoals Technologies from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Shoals Stock.
Shoals Technologies Price Action Indicator(0.07)
Shoals Technologies Accumulation Distribution 213,895 
Shoals Technologies Price Rate Of Daily Change 1.00 
Shoals Technologies Price Daily Balance Of Power(0.04)

Shoals Technologies November 22, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Shoals Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Shoals Technologies intraday prices and daily technical indicators to check the level of noise trading in Shoals Stock and then apply it to test your longer-term investment strategies against Shoals.

Shoals Stock Price History Data

The price series of Shoals Technologies for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 has a statistical range of 2.35 with a coefficient of variation of 9.98. The price distribution for the period has arithmetic mean of 5.47. The median price for the last 90 days is 5.36.
OpenHighLowCloseVolume
11/21/2024 4.41  4.60  4.34  4.40  3,784,297 
11/20/2024 4.08  4.53  4.07  4.41  5,486,555 
11/19/2024 4.20  4.36  4.14  4.15  5,538,974 
11/18/2024 4.56  4.58  4.22  4.26  6,482,082 
11/15/2024 5.23  5.31  4.53  4.56  6,639,545 
11/14/2024 5.04  5.36  4.86  5.22  8,517,422 
11/13/2024 4.91  5.27  4.87  4.95  5,424,480 
11/12/2024 5.59  5.64  4.64  4.85  12,320,131 
11/11/2024 5.80  5.85  5.56  5.77  5,965,304 
11/08/2024 5.71  5.81  5.56  5.71  4,976,174 
11/07/2024 5.81  5.88  5.64  5.82  3,982,711 
11/06/2024 5.53  5.87  5.06  5.77  10,433,329 
11/05/2024 5.85  6.18  5.76  6.14  5,143,000 
11/04/2024 5.61  6.07  5.61  5.96  5,593,382 
11/01/2024 5.49  5.56  5.35  5.55  3,566,993 
10/31/2024 5.27  5.66  5.27  5.41  5,155,449 
10/30/2024 5.20  5.35  5.11  5.27  2,983,500 
10/29/2024 5.28  5.34  5.14  5.24  1,958,120 
10/28/2024 5.32  5.50  5.27  5.36  2,630,486 
10/25/2024 5.15  5.37  5.11  5.19  2,900,163 
10/24/2024 4.92  5.16  4.92  5.12  3,203,591 
10/23/2024 5.06  5.15  4.86  4.89  3,728,830 
10/22/2024 5.21  5.21  5.01  5.06  3,221,780 
10/21/2024 5.33  5.43  4.96  5.05  7,755,591 
10/18/2024 4.97  5.10  4.93  5.05  3,504,190 
10/17/2024 5.12  5.14  4.92  4.94  3,248,063 
10/16/2024 5.16  5.23  5.05  5.13  4,414,880 
10/15/2024 5.10  5.27  5.08  5.12  4,443,889 
10/14/2024 5.23  5.29  5.09  5.23  2,921,956 
10/11/2024 5.11  5.35  5.10  5.31  3,384,659 
10/10/2024 5.07  5.20  4.98  5.15  5,238,761 
10/09/2024 4.93  5.42  4.87  5.25  5,237,449 
10/08/2024 5.02  5.08  4.85  4.92  4,605,522 
10/07/2024 5.14  5.33  4.99  5.10  4,834,400 
10/04/2024 5.20  5.26  5.04  5.13  3,177,976 
10/03/2024 5.21  5.27  5.09  5.09  3,781,603 
10/02/2024 5.39  5.39  5.11  5.13  4,432,918 
10/01/2024 5.61  5.67  5.36  5.44  4,603,447 
09/30/2024 5.74  5.85  5.56  5.61  4,410,718 
09/27/2024 5.79  6.03  5.75  5.83  4,279,340 
09/26/2024 5.75  5.96  5.64  5.70  4,570,083 
09/25/2024 6.24  6.27  5.67  5.68  4,825,082 
09/24/2024 6.51  6.51  6.30  6.32  3,142,573 
09/23/2024 6.15  6.51  5.97  6.40  4,091,550 
09/20/2024 6.23  6.26  6.00  6.13  5,613,317 
09/19/2024 6.46  6.53  6.26  6.27  4,574,209 
09/18/2024 6.38  6.66  6.18  6.28  4,256,819 
09/17/2024 6.32  6.74  6.20  6.46  5,422,903 
09/16/2024 6.33  6.41  6.08  6.30  3,621,364 
09/13/2024 6.55  6.59  6.26  6.35  4,638,939 
09/12/2024 6.50  6.69  6.23  6.48  4,440,657 
09/11/2024 6.24  6.57  6.04  6.50  7,135,193 
09/10/2024 5.86  5.92  5.52  5.90  4,675,336 
09/09/2024 5.63  5.93  5.56  5.82  7,831,297 
09/06/2024 5.36  5.74  5.33  5.65  6,618,633 
09/05/2024 6.11  6.12  5.48  5.48  12,017,616 
09/04/2024 6.21  6.23  5.78  6.08  8,293,400 
09/03/2024 6.94  7.00  6.10  6.23  25,118,066 
08/30/2024 5.36  5.50  5.31  5.39  5,183,675 
08/29/2024 5.21  5.37  5.13  5.34  2,264,145 
08/28/2024 5.27  5.42  5.04  5.15  3,154,587 

About Shoals Technologies Stock history

Shoals Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Shoals is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shoals Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Shoals Technologies stock prices may prove useful in developing a viable investing in Shoals Technologies
Last ReportedProjected for Next Year
Common Stock Shares Outstanding164.5 M125 M
Net Income Applicable To Common Shares146.8 M154.1 M

Shoals Technologies Quarterly Net Working Capital

98.99 Million

Shoals Technologies Stock Technical Analysis

Shoals Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Shoals Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shoals Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run FinTech Suite Now

   

FinTech Suite

Use AI to screen and filter profitable investment opportunities
All  Next Launch Module

Shoals Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shoals Technologies' price direction in advance. Along with the technical and fundamental analysis of Shoals Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shoals to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Shoals Stock Analysis

When running Shoals Technologies' price analysis, check to measure Shoals Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shoals Technologies is operating at the current time. Most of Shoals Technologies' value examination focuses on studying past and present price action to predict the probability of Shoals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoals Technologies' price. Additionally, you may evaluate how the addition of Shoals Technologies to your portfolios can decrease your overall portfolio volatility.