Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Childrens Place Inc’s stock clocked out at $5.71, down -4.99% from its previous closing price of $6.01. In other words, the price has decreased by -$4.99 from its previous closing price. On the day, 0.56 million shares were traded. PLCE stock price reached its highest trading level at $6.0 during the session, while it also had its lowest trading level at $5.61.
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.
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:
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.
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 126578712 and an Enterprise Value of 665706624. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 89.02. Its current Enterprise Value per Revenue stands at 0.489 whereas that against EBITDA is 11.174.
Stock Price History:
The Beta on a monthly basis for PLCE is 1.90, which has changed by -0.27445996 over the last 52 weeks, in comparison to a change of 0.16564083 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 $3.66. The 50-Day Moving Average of the stock is 9.29%, while the 200-Day Moving Average is calculated to be -36.32%.
Shares Statistics:
It appears that PLCE traded 848.04K shares on average per day over the past three months and 1175930 shares per day over the past ten days. A total of 22.06M shares are outstanding, with a floating share count of 7.27M. Insiders hold about 67.20% of the company’s shares, while institutions hold 19.23% stake in the company. Shares short for PLCE as of 1751241600 were 3631243 with a Short Ratio of 4.28, compared to 1748563200 on 3128881. Therefore, it implies a Short% of Shares Outstanding of 3631243 and a Short% of Float of 43.57.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.11.
