SmileDirectClub, Inc. (NASDAQ:SDC) has seen 1,593,152 shares traded in the recent trading session. The company, currently valued at $2.95 Billion, closed the recent trade at $7.66 per share which meant it gained $0.1 on the day or 2.13% during that session. The SDC stock price is -175.46% off its 52-week high price of $21.1 and 52.48% above the 52-week low of $3.64. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.28 Million shares traded. The 3-month trading volume is 9.2 Million shares.
SmileDirectClub, Inc. (NASDAQ:SDC) trade information
Sporting 1.67% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 29 when the SDC stock price touched $7.72-0 or saw a rise of 0.22%. Year-to-date, SmileDirectClub, Inc. shares have moved -11.86%, while the 5-day performance has seen it change 4.24%. Over the past 30 days, the shares of SmileDirectClub, Inc. (NASDAQ:SDC) have changed -1.36%. Short interest in the company has seen 31.53 Million shares shorted with days to cover at 3.43.
SmileDirectClub, Inc. (SDC) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest -54.7% while over the next 5 years, the company’s earnings are expected to increase by 0%.
SmileDirectClub, Inc. (NASDAQ:SDC)’s Major holders
Insiders own 0.27% of the company shares, while shares held by institutions stand at 79.08% with a share float percentage of 79.29%. Investors are also buoyed by the number of investors in a company, with SmileDirectClub, Inc. having a total of 165 institutions that hold shares in the company. The top two institutional holders are Clayton, Dubilier & Rice, LLC with over 26.9 Million shares worth more than $125.64 Million. As of March 30, 2020, Clayton, Dubilier & Rice, LLC held 24.77% of shares outstanding.
The other major institutional holder is FMR, LLC, with the holding of over 6.83 Million shares as of March 30, 2020. The firm’s total holdings are worth over $31.88 Million and represent 6.29% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Advisor Growth Opportunities Fund and Vanguard Total Stock Market Index Fund. As of March 30, 2020, the former fund manager holds about 4.84% shares in the company for having 5254928 shares of worth $24.54 Million while later fund manager owns 1.62 Million shares of worth $7.56 Million as of March 30, 2020, which makes it owner of about 1.49% of company’s outstanding stock.