Luxury Goods Stocks To Consider – May 21st

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 produce or retail high-end, premium-priced products—such as designer apparel, luxury automobiles, jewelry, and high-end accessories—whose value propositions center on prestige, exclusivity, and superior craftsmanship. These stocks tend to be sensitive to consumer confidence and discretionary spending trends, often outperforming in strong economic environments and underperforming during downturns. 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 traded down $0.61 during trading on Wednesday, reaching $54.76. The company’s stock had a trading volume of 457,738 shares, compared to its average volume of 1,340,114. New York Times has a 1 year low of $44.83 and a 1 year high of $58.16. The company has a market cap of $8.93 billion, a price-to-earnings ratio of 30.78, a PEG ratio of 1.75 and a beta of 1.16. The firm has a fifty day simple moving average of $50.35 and a two-hundred day simple moving average of $51.56.

RealReal (REAL)

Shares of REAL traded down $0.32 during mid-day trading on Wednesday, reaching $5.00. The stock had a trading volume of 2,987,829 shares, compared to its average volume of 3,421,644. The business’s fifty day moving average is $5.72 and its 200 day moving average is $6.85. RealReal has a 52-week low of $2.24 and a 52-week high of $11.38. The firm has a market cap of $564.90 million, a price-to-earnings ratio of -3.87 and a beta of 2.61.

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 Riskified stock traded down $0.18 during mid-day trading on Wednesday, hitting $4.90. The stock had a trading volume of 759,647 shares, compared to its average volume of 611,081. Riskified has a 12-month low of $3.94 and a 12-month high of $6.65. The firm has a market cap of $789.12 million, a P/E ratio of -24.47 and a beta of 1.36. The firm has a 50-day moving average of $4.61 and a two-hundred day moving average of $4.83.