Carters Inc (NYSE:CRI) shares, rose in value on Friday, January 03, with the stock price up by 1.04% to the previous day’s close as strong demand from buyers drove the stock to $54.37.
Actively observing the price movement in the last trading, the stock closed the session at $53.81, falling within a range of $53.255 and $54.55. The value of beta (5-year monthly) was 1.246 whereas the PE ratio was 8.60 over 12-month period. Referring to stock’s 52-week performance, its high was $88.03, and the low was $50.27. On the whole, CRI has fluctuated by -3.46% over the past month.
With the market capitalization of Carters Inc currently standing at about $1.96 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 3.20, with its dividend yield at 5.89%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CRI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of CRI currently trading nearly -1.13% and -0.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.06, while the 7-day volatility ratio is showing 2.73% which for the 30-day chart, stands at 3.01%. Furthermore, Carters Inc (CRI)’s beta value is 1.21, and its average true range (ATR) is 1.64.
A comparison of Carters Inc (CRI) with its peers suggests the former has fared considerably weaker in the market. CRI showed an intraday change of 1.04% in last session, and over the past year, it shrunk by -24.91%%.
Data on historical trading for Carters Inc (NYSE:CRI) indicates that the trading volumes over the past 10 days have averaged 1.65 and over the past 3 months, they’ve averaged 1.30 million. According to company’s latest data on outstanding shares, there are 36.04 million shares outstanding.
Nearly 3.04% of Carters Inc’s shares belong to company insiders and institutional investors own 110.97% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.06 million shares as on 2024-12-13, resulting in a short ratio of 3.93. According to the data, the short interest in Carters Inc (CRI) stood at 1156.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 4.43 million. The stock has risen by 0.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CRI stock heading into the next quarter.
