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Childrens Place Inc (NASDAQ: PLCE) closed the day trading at $5.08 down -1.93% from the previous closing price of $5.18. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 0.52 million shares were traded. PLCE stock price reached its highest trading level at $5.12 during the session, while it also had its lowest trading level at $4.808.
Ratios:
For a better understanding of PLCE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.90.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on May 07, 2024, Reiterated its Market Perform rating but revised its target price to $9 from $13 previously.
On April 24, 2024, B. Riley Securities Upgraded its rating to Neutral which previously was Sell and also lowered its target price recommendation from $12 to $7.
B. Riley Securities Downgraded its Neutral to Sell on February 13, 2024, whereas the target price for the stock was revised from $19 to $4.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 11 ’24 when Markee Maegan bought 4,000 shares for $9.00 per share.
Markee Maegan bought 8,000 shares of PLCE for $52,739 on Aug 15 ’24. On Aug 08 ’24, another insider, Markee Maegan, who serves as the Former Officer of the company, bought 10,000 shares for $7.24 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLCE now has a Market Capitalization of 111947960 and an Enterprise Value of 692927872. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08. Its current Enterprise Value per Revenue stands at 0.5 whereas that against EBITDA is 10.642.
Stock Price History:
The Beta on a monthly basis for PLCE is 1.87, which has changed by -0.3419689 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. Over the past 52 weeks, PLCE has reached a high of $19.74, while it has fallen to a 52-week low of $4.77. The 50-Day Moving Average of the stock is -32.27%, while the 200-Day Moving Average is calculated to be -49.73%.
Shares Statistics:
Over the past 3-months, PLCE traded about 443.45K shares per day on average, while over the past 10 days, PLCE traded about 485380 shares per day. A total of 12.78M shares are outstanding, with a floating share count of 7.18M. Insiders hold about 67.42% of the company’s shares, while institutions hold 19.46% stake in the company. Shares short for PLCE as of 1744675200 were 2957295 with a Short Ratio of 6.67, compared to 1741910400 on 2695546. Therefore, it implies a Short% of Shares Outstanding of 2957295 and a Short% of Float of 36.049998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.11.
