Aaron’s Company Inc. stock trades under the ticker AAN & has recently shown bullishness that traders & investors should take a closer look at.
AAN stock closed at $18.91/share on 6/6/2022.
Aaron’s Company Inc. AAN Stock’s Technical Performance Broken Down
AAN Stock Price: $18.91
10 Day Moving Average: $18.51
50 Day Moving Average: $20.20
200 Day Moving Average: $23.27
RSI: 46.81
MACD: -0.518
Yesterday, AAN stock completed a bullish MACD crossover, while breaking out above its 10 day moving average.
They have recently been trading at about average volume compared to the year prior, and have a neutral RSI, signaling that there may be more near-term bullish momentum to come.
They will need to break above the $19.11 & $19.62/share resistance levels as they continue to climb higher.
Aaron’s Company Inc. AAN Stock As A Long-Term Investment
Long-term oriented investors will like AAN stock’s P/E (ttm) of 6.27, as well as their P/B (mrq) of 0.76.
They recently reported Quarterly Revenue Growth Y-o-Y of -5.2%, with -40.7% Quarterly Earnings Growth Y-o-Y.
Their balance sheet will require a closer examination, with $13.52M of Total Cash (mrq) & $317.98M of Total Debt (mrq).
AAN stock pays a 2.23% dividend yield, which appears stable in the long-term, as their payout ratio is 14.22%.
97.2% of AAN stock’s outstanding share float is owned by institutional investors.
Aaron’s Company Inc. AAN Stock As A Short-Term Trade Using Options
Short-term focused traders can use options to profit from AAN stock’s price movements, while protecting themselves from broader market volatility.
I am looking at the contracts with the 6/17 expiration date.
The $15 & $17.50 call options are the only liquid strikes in-the-money, with $20 being even more liquid, but require a 6% gain in price in 10 days to become in-the-money.
The $25, $22.50 & $20 puts are also all in-the-money, but even combined are much less liquid than the out-of-the-money $17.50 put (7% above being in-the-money).
Tying It All Together
AAN stock has many interesting characteristics that traders & investors are sure to like.
Investors will like their valuation metrics, as well as their dividend yield, but may want to research their balance sheet structure further before investing.
Traders will like their recent technical performance, but will be disappointed by the lack of open interest in their options contracts.
Overall, it is worth taking a closer look at AAN stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OF AAN STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***