Chewy Inc (NYSE:CHWY) price on Friday, May 31, fall -3.06% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $20.88.
A look at the stock’s price movement, the level at last check in today’s session was $21.54. The PE ratio in trailing twelve months stood at 108.19. Turning to its 52-week performance, $40.78 and $14.69 were the 52-week high and 52-week low respectively. Overall, CHWY moved 38.74% over the past month.
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Chewy Inc’s market cap currently stands at around $9.10 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CHWY is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
CHWY’s current price about 24.66% and 27.02% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 70.12, while 7-day volatility ratio is 6.59% and 5.32% in the 30-day chart. Further, Chewy Inc (CHWY) has a beta value of 0.98, and an average true range (ATR) of 1.12.
If we refocus on Chewy Inc (NYSE:CHWY), historical trading data shows that trading volumes averaged 9.90 million over the past 3 months. The company’s latest data on shares outstanding shows there are 435.91 million shares.
The 69.33% of Chewy Inc’s shares are in the hands of company insiders while institutional holders own 23.38% of the company’s shares. Current price change has pushed the stock -11.64% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CHWY stock continues to rise going into the next quarter.
