Childrens Place Inc (NASDAQ:PLCE) currently has a daily average trading volume of 559.15K but it saw 72993249 shares traded in last market. With a market cap of 115.66M USD, the company’s current market price of $9.10 came rising about 85.71 while comparing to the previous closing price of $4.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.03 and as low as $4.77. In the recent trading on the day, stock has struck highest price mark of $6.6 while lowest mark touched by it was $10.2.
Taking a look at 20-day trading activity of Childrens Place Inc (PLCE) gives us an average price of $6.02, while its current price level is -76.07% below from 52-week high level whereas it is 90.78% 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 $7.11 while that of 200 days or SMA-200 reads an average of $13.41. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.58% during that period while stretching the period over a month that decreases to 10.24%. 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 70.89 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Telsey Advisory Group which reiterated the stock as “Market Perform” in its note to investors issued on May 07, 2024, recommending a price target of between $13 and $9 for it. B. Riley Securities upgraded its recommendation for the stock as a “Neutral” from “Sell” on April 24, 2024 while assigning a price target range of $12-$7. B. Riley Securities issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $19 and $4.
Over the week, PLCE’s stock price is moving 63.67% up while it is 30.56% when we observe its performance for the past one month. Year-to-date it is -60.81% down and over the past year, the stock is showing a downside performance of -61.47%.
Currently, Childrens Place Inc’s total number of outstanding shares is 12.53M. Company’s return on investment (ROI) stands at -65.36% and return on equity (ROE) at -359.46%. It has a 10.51 of forward P/E ratio. Stock’s beta reads 2.17. Stock has a price to sale or P/S ratio amounts to 0.07. Its return on asset (ROA) is -17.55% on average.
