Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of Childrens Place Inc (NASDAQ: PLCE) was $4.65 for the day, down -32.22% from the previous closing price of $6.86. In other words, the price has decreased by -$32.22 from its previous closing price. On the day, 5.94 million shares were traded. PLCE stock price reached its highest trading level at $5.4 during the session, while it also had its lowest trading level at $4.62.
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 0.14 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:
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.
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 151173824 and an Enterprise Value of 639702848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08. Its current Enterprise Value per Revenue stands at 0.47 whereas that against EBITDA is 9.311.
Stock Price History:
The Beta on a monthly basis for PLCE is 1.83, which has changed by -0.5230769 over the last 52 weeks, in comparison to a change of 0.11730647 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 -24.89%, while the 200-Day Moving Average is calculated to be -53.10%.
Shares Statistics:
PLCE traded an average of 473.85K shares per day over the past three months and 1037020 shares per day over the past ten days. 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. Shares short for PLCE as of 1747267200 were 3153593 with a Short Ratio of 6.66, compared to 1744675200 on 2957295. Therefore, it implies a Short% of Shares Outstanding of 3153593 and a Short% of Float of 38.439997999999996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.11.
