Five Below Inc (FIVE) At $71.75 Offering A Unique Opportunity

Five Below Inc (NASDAQ:FIVE) currently has a daily average trading volume of 1.77M but it saw 1810276 shares traded in last market. With a market cap of 3.95B USD, the company’s current market price of $71.75 came falling about -1.71 while comparing to the previous closing price of $73.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $216.18 and as low as $71.66.

Taking a look at 20-day trading activity of Five Below Inc (FIVE) gives us an average price of $94.71, while its current price level is -66.81% below from 52-week high level whereas it is 0.13% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $113.46 while that of 200 days or SMA-200 reads an average of $164.59. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.02% during that period while stretching the period over a month that increases to 4.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 19.53 which implies that the stock is in oversold territory.

Deutsche Bank downgraded its recommendation for the stock as a “Hold” from “Buy” on July 18, 2024 while assigning a price target range of $155-$79.

Over the week, FIVE’s stock price is moving -5.28% down while it is -35.07% when we observe its performance for the past one month. Year-to-date it is -66.34% down and over the past year, the stock is showing a downside performance of -63.21%.

Currently, Five Below Inc’s total number of outstanding shares is 55.20M. Company’s return on investment (ROI) stands at 9.43% and return on equity (ROE) at 19.86%. It has a price to earnings ratio (P/E ratio) of 13.48 while having a 13.28 of forward P/E ratio. Stock’s beta reads 1.22. Stock has a price to book (P/B) ratio of 2.49 while price to sale or P/S ratio amounts to 1.08. Its return on asset (ROA) is 8.05% on average.