Luxury Goods Stocks To Consider – July 3rd

New York Times, RealReal, and Riskified are the three Luxury Goods stocks to watch today, according to MarketBeat’s stock screener tool. Luxury goods stocks are shares of companies that design, produce, and sell high-end consumer products—such as designer fashion, fine jewelry, luxury automobiles, and premium spirits. Their performance tends to track affluent consumer spending and can be sensitive to global economic cycles, currency movements, and shifts in consumer sentiment. Investors often view them as a way to capture growth in discretionary spending while accepting the sector’s cyclicality and valuation premiums. 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.

NYT stock traded up $0.94 during trading on Thursday, reaching $57.48. 739,524 shares of the stock traded hands, compared to its average volume of 1,713,391. The business’s 50 day moving average price is $54.63 and its 200-day moving average price is $51.82. New York Times has a 52-week low of $44.83 and a 52-week high of $58.16. The firm has a market capitalization of $9.37 billion, a PE ratio of 31.24, a P/E/G ratio of 1.96 and a beta of 1.11.

RealReal (REAL)

REAL stock traded up $0.10 during trading on Thursday, reaching $5.34. 1,908,453 shares of the stock traded hands, compared to its average volume of 3,322,929. The business’s 50 day moving average price is $5.53 and its 200-day moving average price is $6.81. RealReal has a 52-week low of $2.24 and a 52-week high of $11.38. The firm has a market capitalization of $603.34 million, a PE ratio of -4.72 and a beta of 2.46.

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 NYSE RSKD traded down $0.02 on Thursday, hitting $5.06. The company had a trading volume of 429,715 shares, compared to its average volume of 517,727. Riskified has a 12-month low of $3.94 and a 12-month high of $6.64. The business has a 50 day moving average of $4.91 and a two-hundred day moving average of $4.89. The firm has a market capitalization of $815.72 million, a P/E ratio of -23.00 and a beta of 1.36.