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 $7.16, down -5.04% from its previous closing price of $7.54. In other words, the price has decreased by -$5.04 from its previous closing price. On the day, 0.67 million shares were traded. PLCE stock price reached its highest trading level at $7.55 during the session, while it also had its lowest trading level at $7.11.
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 0.19 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 4.67 whereas as Long-Term Debt/Eq ratio is at 1.07.
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 the company, B. Riley Securities on February 13, 2024, Downgraded its rating to Sell and sets its target price to $4 from $19 previously.
B. Riley Securities Downgraded its Buy to Neutral on November 20, 2023, whereas the target price for the stock was revised from $45 to $19.
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 Feb 13 ’24 when Mithaq Capital SPC bought 966,344 shares for $11.15 per share. The transaction valued at 10,779,027 led to the insider holds 6,751,387 shares of the business.
Mithaq Capital SPC bought 1,566,475 shares of PLCE for $24,749,525 on Feb 12 ’24. The 10% Owner now owns 4,663,743 shares after completing the transaction at $15.80 per share. On Feb 09 ’24, another insider, Mithaq Capital SPC, who serves as the 10% Owner of the company, bought 1,849,397 shares for $11.02 each. As a result, the insider paid 20,387,178 and bolstered with 3,097,268 shares of the company.
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 89337464 and an Enterprise Value of 631894016. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 0.394 whereas that against EBITDA is -30.73.
Stock Price History:
Over the past 52 weeks, PLCE has reached a high of $38.03, while it has fallen to a 52-week low of $6.98. The 50-Day Moving Average of the stock is -48.78%, while the 200-Day Moving Average is calculated to be -67.87%.
Shares Statistics:
It appears that PLCE traded 1.65M shares on average per day over the past three months and 2271150 shares per day over the past ten days. A total of 12.22M shares are outstanding, with a floating share count of 4.78M. Insiders hold about 61.71% of the company’s shares, while institutions hold 81.14% stake in the company. Shares short for PLCE as of 1711584000 were 2567159 with a Short Ratio of 1.56, compared to 1709164800 on 2899180. Therefore, it implies a Short% of Shares Outstanding of 2567159 and a Short% of Float of 30.459999999999997.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.11.
