Investors need to pay close attention to SWIM stock based on the movements in the options market lately.
From a technical perspective, Latham Group, Inc. (SWIM) is looking like an interesting pick, as it just reached a key level of support. SWIM's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
Latham Group, Inc. delivered 14% YoY Q2 revenue growth, driven by 10% organic gains and the Freedom Pools acquisition, despite a flat U.S. in-ground pool market. SWIM's growth is broad-based: fiberglass pools, covers, and liners all contributed, with fiberglass now expected to comprise 80% of in-ground pool sales. Management raised full-year revenue growth guidance to 11.7% and adjusted EBITDA growth to 15.2%, citing strong order trends and market share gains.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 90 | $614.06 | $482.4 | -$131.66 | -21.44% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 91,853 | $594,290 | $687,060.44 | $92,770.44 | 15.61% |
| BG Bart Gancher Intech Investment Management LLC | 15,506 | $99,699.43 | $115,984.88 | $16,285.45 | 16.33% |
Jennifer Easley Gitterman Wealth Management LLC | 72,789 | $423,068.13 | $390,149.04 | -$32,919.09 | -7.78% |
Joseph Castro Nuveen LLC | 123,637 | $796,014.05 | $903,786.47 | $107,772.42 | 13.54% |
| Household Durables Industry | Consumer Discretionary Sector | Sean Gadd CEO | NASDAQ (NGS) Exchange | 51819L107 CUSIP |
| US Country | 1,900 Employees | - Last Dividend | - Last Split | 23 Apr 2021 IPO Date |
Latham Group, Inc., founded in 1956 and headquartered in Latham, New York, is a prominent company dedicated to designing, manufacturing, and marketing in-ground residential swimming pools across North America, Australia, and New Zealand. Initially known as Latham Topco, Inc., the organization underwent a name change to Latham Group, Inc. in March 2021, signaling its commitment to growth and innovation in the swimming pool industry. Latham Group, Inc. is renowned for its extensive portfolio of high-quality pools and related products, catering to a diverse range of consumer needs and preferences.
With a strong emphasis on quality, innovation, and customer satisfaction, Latham Group, Inc.'s extensive range of products and services underlines its position as a leader in the in-ground residential swimming pool market.