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Distribution Solutions Group (NASDAQ:DSGR) Reaches New 1-Year Low - Should You Sell?

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Distribution Solutions Group, Inc. (NASDAQ:DSGR - Get Free Report)'s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $27.90 and last traded at $28.07, with a volume of 3141 shares traded. The stock had previously closed at $28.45.

Distribution Solutions Group Stock Down 3.9 %

The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.55 and a current ratio of 2.81. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of 732.43 and a beta of 0.92. The business's 50 day moving average price is $32.03 and its 200 day moving average price is $35.84.

Institutional Trading of Distribution Solutions Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. KLP Kapitalforvaltning AS purchased a new position in shares of Distribution Solutions Group during the 4th quarter valued at approximately $68,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Distribution Solutions Group during the third quarter valued at $87,000. SG Americas Securities LLC grew its position in shares of Distribution Solutions Group by 26.8% in the fourth quarter. SG Americas Securities LLC now owns 4,952 shares of the company's stock valued at $170,000 after purchasing an additional 1,046 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Distribution Solutions Group by 21.6% during the third quarter. BNP Paribas Financial Markets now owns 5,014 shares of the company's stock worth $193,000 after purchasing an additional 891 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Distribution Solutions Group by 47.8% during the 4th quarter. Wells Fargo & Company MN now owns 5,055 shares of the company's stock worth $174,000 after purchasing an additional 1,634 shares during the last quarter. 91.64% of the stock is currently owned by hedge funds and other institutional investors.

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Distribution Solutions Group Company Profile

(Get Free Report)

Distribution Solutions Group, Inc, a specialty distribution company, engages in the provision of value-added distribution solutions in North America, Europe, Asia, South America, and the Middle East. The company provides its solutions to the maintenance, repair, and operations (MRO); original equipment manufacturer (OEM); and industrial technology markets.

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