Dillards Inc. stock trades under the ticker DDS & has shown recent bullish behavior that traders & investors should take note of.
DDS stock closed at $297.67/share on 6/1/2022.
Dillards Inc. DDS Stock’s Technical Performance Broken Down
DDS Stock Price: $297.67
10 Day Moving Average: $272.78
50 Day Moving Average: $288.81
200 Day Moving Average: $253.66
RSI: 52.62
MACD: -2.219
Yesterday, DDS stock completed a bullish MACD crossover, trading on about average volume compared to the year prior.
With a neutral RSI, there is potential to continue running higher, depending on broader market sentiment.
They will need to break above the $302.94 & 312.92/share resistance levels as they continue to climb higher.
Dillards Inc. DDS Stock As A Long-Term Investment
Long-term oriented investors will like DDS stock’s P/E (ttm) of 16.18, but may find their 3.00 P/B (mrq) to be a bit rich.
They recently reported 21% Quarterly Revenue Growth Y-o-Y, with 58.7% Quarterly Earnings Growth Y-o-Y.
DDS stock’s balance sheet looks healthy, with $862.2M in Total Cash (mrq) & $605.9M Total Debt (mrq).
DDS stock pays a 0.25% dividend yield, which appears safe in the long-run, as their payout ratio is 1.55%/
78.53% of DDS stock’s outstanding share float is owned by institutional investors.
Dillards Inc. DDS Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to hedge against volatility, while still profiting from DDS stock’s price movement.
I am looking at the contracts with the 6/17 expiration date.
The $260, $270 & $280 calls all look interesting, but have low levels of open interest.
The $320, $310 & $300 puts also look appealing, but are even less liquid.
Tying It All Together
DDS stock has many attributes that traders & investors alike will both find valuable to their portfolio strategy.
Investors will like their valuation metrics & balance sheet, but may be disappointed by their low yield.
Traders will like their current momentum, but may be disappointed by how illiquid their options are.
Overall, it is worth taking a closer look into DDS stock to see how it fits into your portfolio.
*** I DO NOT OWN SHARES OF DDS STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***