Kirkland’s Inc (NASDAQ:KIRK) does about 192.58K shares in volume on a normal day but saw 4167042 shares change hands in the recent trading day. The company now has a market cap of 41.33M USD. Its current market price is $1.84, marking an increase of 28.67% compared to the previous close of $1.43. The 52 week high reached by this stock is $2.50 whilst the lowest price level in 52 weeks is $1.05.
Kirkland’s Inc (KIRK) has a 20-day trading average at $1.2025 and the current price is -26.40% off the 52-week high compared with 75.24% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1822 and its 200-day simple moving average is $1.4656. If we look at the stock’s price movements over the week, volatility stands at 14.78%, which decreases to 6.49% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 84.93 to suggest the stock is overbought.
The consensus objective for the share price is $1.00, suggesting that the stock has a potential downside of -84.0% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 10, 2022 when Craig Hallum downgraded the stock to “Hold” and issued a price target of between $30 and $15. Craig Hallum initiated its price target at $25.
The current price level is 53.01%, 55.64%, and 25.54% away from its SMA20, SMA50, and SMA200 respectively, with the KIRK price moving below the 50-day SMA on current market day. Kirkland’s Inc (KIRK) stock is up 58.62% over the week and 68.81% over the past month. Its price is 8.24% year-to-date and 13.58% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.7 and -0.98 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $77.63M.
To reach the target analysts have set, the stock logically needs to shrink -84.0 percent from here.
Outstanding shares total 22.45M with insiders holding 43.93% of the shares and institutional holders owning 13.02% of the company’s common stock. The company has a return on investment of -21.32% and return on equity of -388.01%. The beta has a value of 2.10. Price to sales ratio is 0.10.
