For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Childrens Place Inc’s stock clocked out at $6.78, down -4.24% from its previous closing price of $7.08. In other words, the price has decreased by -$4.24 from its previous closing price. On the day, 0.79 million shares were traded. PLCE stock price reached its highest trading level at $7.329 during the session, while it also had its lowest trading level at $6.4072.
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 0.13 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:
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 86682304 and an Enterprise Value of 782454784. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06. Its current Enterprise Value per Revenue stands at 0.546 whereas that against EBITDA is 34.78.
Stock Price History:
The Beta on a monthly basis for PLCE is 1.85, which has changed by -0.059639394 over the last 52 weeks, in comparison to a change of 0.059571505 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 -20.69%, while the 200-Day Moving Average is calculated to be -34.04%.
Shares Statistics:
It appears that PLCE traded 369.88K shares on average per day over the past three months and 559360 shares per day over the past ten days. A total of 12.79M shares are outstanding, with a floating share count of 4.17M. Insiders hold about 67.40% of the company’s shares, while institutions hold 33.57% stake in the company. Shares short for PLCE as of 1743379200 were 2625203 with a Short Ratio of 7.10, compared to 1740700800 on 2591866. Therefore, it implies a Short% of Shares Outstanding of 2625203 and a Short% of Float of 49.39.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.11.
