Why Southland Holdings Inc’s (SLND) Stock Is Down 4.98% (2024)

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Southland Holdings Inc before investing.

In this article, we go over a few key elements for understanding Southland Holdings Inc’s stock price such as:

Before we jump into Southland Holdings Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Southland Holdings, Inc. is a provider of specialized infrastructure construction services. The Company's segments include Civil and Transportation. The Civil segment operates throughout North America and specializes in services that include the design and construction of water pipeline, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling. The Transportation segment operates throughout North America and specializes in services that include the design and construction of bridges, roadways, marine, dredging, ship terminals and piers, and specialty structures and facilities. The Company's customers include public and private entities. Its public sector customers include certain federal agencies, state departments of transportation, local transit authorities, county and city public works departments, and utilities. The Company's private customers consist of the owners of industrial, commercial and residential sites.

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As of June 04, 2024, 4:00 PM, CST, Southland Holdings Inc’s stock price was $5.53.

Southland Holdings Inc is down 4.98% from its previous closing price of $5.82.

During the last market session, Southland Holdings Inc’s stock traded between $5.20 and $5.95. Currently, there are 47.93 million shares of Southland Holdings Inc stock available for purchase.

Unfortunately, Southland Holdings Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Southland Holdings Inc’s (SLND) price is currently down 6.11% so far this month.

During the month of June, Southland Holdings Inc’s stock price has reached a high of $5.95 and a low of $5.20.

Over the last year, Southland Holdings Inc has hit prices as high as $9.64 and as low as $3.84. Year to date, Southland Holdings Inc’s stock is down 45.89%.

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Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 03, 2024, there were 2 analysts who downgraded Southland Holdings Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Southland Holdings Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Southland Holdings Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Southland Holdings Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Southland Holdings Inc (SLND) by visiting AAII Stock Evaluator.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 03, 2024, Southland Holdings Inc has a weighted four-quarter relative price strength of -0.13%, which translates to a Momentum Score of 66 and is considered to be Strong.

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As of June 4, 2024, Southland Holdings Inc’s stock price is $5.53, which is down 4.98% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Southland Holdings Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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