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The closing price of Childrens Place Inc (NASDAQ: PLCE) was $6.47 for the day, up 2.70% from the previous closing price of $6.3. In other words, the price has increased by $2.70 from its previous closing price. On the day, 1.32 million shares were traded. PLCE stock price reached its highest trading level at $6.8 during the session, while it also had its lowest trading level at $6.1.

Ratios:

Our analysis of PLCE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.93.

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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 11 ’24 when Markee Maegan bought 4,000 shares for $9.00 per share.

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 143426304 and an Enterprise Value of 701766272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11. Its current Enterprise Value per Revenue stands at 0.524 whereas that against EBITDA is 13.515.

Stock Price History:

The Beta on a monthly basis for PLCE is 2.22, which has changed by -0.289011 over the last 52 weeks, in comparison to a change of 0.1725707 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 30.46%, while the 200-Day Moving Average is calculated to be -15.01%.

Shares Statistics:

PLCE traded an average of 915.98K shares per day over the past three months and 1099800 shares per day over the past ten days. A total of 22.17M shares are outstanding, with a floating share count of 6.38M. Insiders hold about 71.21% of the company’s shares, while institutions hold 18.64% stake in the company. Shares short for PLCE as of 1755216000 were 3232798 with a Short Ratio of 3.53, compared to 1752537600 on 3555831. Therefore, it implies a Short% of Shares Outstanding of 3232798 and a Short% of Float of 38.79.