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In the latest session, Childrens Place Inc (NASDAQ: PLCE) closed at $13.72 up 6.69% from its previous closing price of $12.86. In other words, the price has increased by $6.69 from its previous closing price. On the day, 0.66 million shares were traded. PLCE stock price reached its highest trading level at $13.88 during the session, while it also had its lowest trading level at $12.5446.
Ratios:
For a deeper understanding of Childrens Place Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 0.90.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 174495072 and an Enterprise Value of 825136832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11. Its current Enterprise Value per Revenue stands at 0.542 whereas that against EBITDA is 17.912.
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 $4.77. The 50-Day Moving Average of the stock is 35.82%, while the 200-Day Moving Average is calculated to be 9.18%.
Shares Statistics:
For the past three months, PLCE has traded an average of 2.37M shares per day and 773820 over the past ten days. A total of 12.53M shares are outstanding, with a floating share count of 4.81M. Insiders hold about 62.19% of the company’s shares, while institutions hold 25.55% stake in the company. Shares short for PLCE as of 1727654400 were 2695231 with a Short Ratio of 1.14, compared to 1724976000 on 2817224. Therefore, it implies a Short% of Shares Outstanding of 2695231 and a Short% of Float of 51.349999999999994.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.11.
