Distribution Solutions Group, Inc. (NASDAQ:DSGR - Get Free Report) shares 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 changing hands. The stock had previously closed at $28.45.
Distribution Solutions Group Price Performance
The firm's fifty day simple moving average is $32.03 and its 200 day simple moving average is $35.84. The firm has a market cap of $1.43 billion, a P/E ratio of 762.44 and a beta of 0.92. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.55 and a current ratio of 2.81.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in DSGR. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Distribution Solutions Group by 13.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,536 shares of the company's stock valued at $829,000 after purchasing an additional 2,569 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in Distribution Solutions Group in the third quarter worth about $251,000. BNP Paribas Financial Markets grew its position in Distribution Solutions Group by 21.6% in the third quarter. BNP Paribas Financial Markets now owns 5,014 shares of the company's stock worth $193,000 after acquiring an additional 891 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Distribution Solutions Group in the third quarter worth about $87,000. Finally, Barclays PLC grew its position in Distribution Solutions Group by 342.0% in the third quarter. Barclays PLC now owns 17,007 shares of the company's stock worth $654,000 after acquiring an additional 13,159 shares in the last quarter. Institutional investors own 91.64% of the company's stock.
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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