Victoria’s Secret & Co (NYSE:VSCO) shares, rose in value on Thursday, January 02, with the stock price down by -2.41% to the previous day’s close as strong demand from buyers drove the stock to $40.42.
Actively observing the price movement in the last trading, the stock closed the session at $41.42, falling within a range of $40.05 and $42.16. The value of beta (5-year monthly) was 2.198 whereas the PE ratio was 20.89 over 12-month period. Referring to stock’s 52-week performance, its high was $48.73, and the low was $15.12. On the whole, VSCO has fluctuated by -3.58% over the past month.
With the market capitalization of Victoria’s Secret & Co currently standing at about $3.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VSCO’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.86, with the price of VSCO currently trading nearly -8.60% and 5.63% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.90, while the 7-day volatility ratio is showing 3.80% which for the 30-day chart, stands at 5.44%. Furthermore, Victoria’s Secret & Co (VSCO)’s beta value is 2.24, and its average true range (ATR) is 2.14.
A comparison of Victoria’s Secret & Co (VSCO) with its peers suggests the former has fared considerably weaker in the market. VSCO showed an intraday change of -2.41% in last session, and over the past year, it grew by 49.04%%.
Data on historical trading for Victoria’s Secret & Co (NYSE:VSCO) indicates that the trading volumes over the past 10 days have averaged 1.62 and over the past 3 months, they’ve averaged 2.08 million. According to company’s latest data on outstanding shares, there are 79.00 million shares outstanding.
Nearly 10.60% of Victoria’s Secret & Co’s shares belong to company insiders and institutional investors own 92.46% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.8 million shares as on 2024-11-15, resulting in a short ratio of 4.3. According to the data, the short interest in Victoria’s Secret & Co (VSCO) stood at 1495.00 of shares outstanding as of 2024-11-15; the number of short shares registered in 2024-10-15 reached 8.9 million. The stock has fallen by -2.41% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VSCO stock heading into the next quarter.
