Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Childrens Place Inc’s stock clocked out at $4.15, down -10.75% from its previous closing price of $4.65. In other words, the price has decreased by -$10.75 from its previous closing price. On the day, 3.72 million shares were traded.
Ratios:
To gain a deeper understanding of PLCE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.14 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 383.68 whereas as Long-Term Debt/Eq ratio is at 154.70.
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.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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.
Stock Price History:
Over the past 52 weeks, PLCE has reached a high of $19.74, while it has fallen to a 52-week low of $4.62. The 50-Day Moving Average of the stock is -31.96%, while the 200-Day Moving Average is calculated to be -58.09%.
Shares Statistics:
A total of 22.04M shares are outstanding, with a floating share count of 7.23M. Insiders hold about 67.20% of the company’s shares, while institutions hold 19.11% stake in the company.
