It operates through three segments: Entertainment Golf Venues, Traditional Golf Properties, and Corporate. owns and operates golf-related leisure and entertainment venues. This would suggest that Drive Shack's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns). The market (NYSE average) beta is 1, while Drive Shack's is 1.2917. volatility (beta: 1.00) Low Highīeta is a measure of a share's volatility in relation to the market. A popular way to gauge a stock's volatility is its "beta". Over the last 12 months, Drive Shack's shares have ranged in value from as little as $0.15 up to $1.64. However, indirectly, the new 100% higher share price could have impacted the market appetite for Drive Shack shares which in turn could have impacted Drive Shack's share price. This wouldn't directly have changed the overall worth of your Drive Shack shares – just the quantity. So if you had owned 2 shares the day before before the split, the next day you'd have owned 1 share. Have Drive Shack's shares ever split?ĭrive Shack's shares were split on a 1:2 basis on 23 October 2014. We're not expecting Drive Shack to pay a dividend over the next 12 months. TTM: trailing 12 months Drive Shack share dividends All international money transfer services.However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. To calculate DRIVE SHACK's market, we take the total number of its shares issued and multiply it by DRIVE SHACK's current market price. Market capitalization usually refers to the total value of a company's stock within the entire market. ![]() Annual Net Loss to common stockholders was (30.31 M) with gross profit of 46.79 M.Ībout 16.0% of the company shares are held by company insidersĭRIVE Market CapitalizationThe company currently falls under 'Micro-Cap' category with a market capitalization of 15.48 M. ![]() The entity generated the yearly revenue of 281.86 M. When we think about DRIVE SHACK's use of debt, we should always consider it together with cash and equity. Debt, in this case, can be an excellent and much better tool for DRIVE to invest in growth at high rates of return. However, a more frequent occurrence is when companies like DRIVE SHACK INC sell additional shares at bargain prices, diluting existing shareholders. So, DRIVE SHACK's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. Debt can assist DRIVE SHACK until it has trouble settling it off, either with new capital or with free cash flow. DRIVE SHACK INC has a current ratio of 0.62, implying that it has not enough working capital to pay out debt commitments in time. The company reports 60.25 M of total liabilities. DRIVE SHACK INC is not yet fully synchronised with the market dataĭRIVE SHACK INC has some characteristics of a very speculative penny stockĭRIVE SHACK INC has a very high chance of going through financial distress in the upcoming years
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