Citi Trends Inc (NASDAQ: CTRN) kicked off on Tuesday, down -7.24% from the previous trading day, before settling in for the closing price of $16.43. Over the past 52 weeks, CTRN has traded in a range of $15.11-$32.90.
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Consumer Cyclical Sector giant saw their annual sales surged by 0.53% over the last five years. While this was happening, its average annual earnings per share was recorded -31.51%. With a float of $7.95 million, this company’s outstanding shares have now reached $8.55 million.
The firm has a total of 2700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 37.3%, operating margin of -2.13%, and the pretax margin is -1.8%.
Citi Trends Inc (CTRN) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Apparel Retail Industry. The insider ownership of Citi Trends Inc is 7.54%, while institutional ownership is 109.51%. The most recent insider transaction that took place on Aug 08 ’24, was worth 56,000. Before that another transaction happened on Jul 15 ’24, when Company’s 10% Owner bought 3,000 for $20.06, making the entire transaction worth $60,176. This insider now owns 2,571,986 shares in total.
Citi Trends Inc (CTRN) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported -0.56 earnings per share (EPS), lower than consensus estimate (set at -0.17) by -0.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -31.51% per share during the next fiscal year.
Citi Trends Inc (NASDAQ: CTRN) Trading Performance Indicators
Take a look at Citi Trends Inc’s (CTRN) current performance indicators. Last quarter, stock had a quick ratio of 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.07, a number that is poised to hit -0.53 in the next quarter and is forecasted to reach -0.63 in one year’s time.
Technical Analysis of Citi Trends Inc (CTRN)
Analysing the last 5-days average volume posted by the [Citi Trends Inc, CTRN], we can find that recorded value of 0.3 million was better than the volume posted last year of 0.12 million. As of the previous 9 days, the stock’s Stochastic %D was 51.14%. Additionally, its Average True Range was 0.96.
During the past 100 days, Citi Trends Inc’s (CTRN) raw stochastic average was set at 2.87%, which indicates a significant decrease from 17.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.84% in the past 14 days, which was higher than the 46.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.52, while its 200-day Moving Average is $24.04. Now, the first resistance to watch is $16.42. This is followed by the second major resistance level at $17.59. The third major resistance level sits at $18.35. If the price goes on to break the first support level at $14.48, it is likely to go to the next support level at $13.72. Should the price break the second support level, the third support level stands at $12.55.
Citi Trends Inc (NASDAQ: CTRN) Key Stats
The company with the Market Capitalisation of 131.06 million has total of 8,595K Shares Outstanding. Its annual sales at the moment are 747,940 K in contrast with the sum of -11,980 K annual income. Company’s last quarter sales were recorded 186,290 K and last quarter income was -3,430 K.
