Chewy Inc (NYSE:CHWY) shares, rose in value on Wednesday, March 26, with the stock price down by -1.07% to the previous day’s close as strong demand from buyers drove the stock to $33.25.
Actively observing the price movement in the last trading, the stock closed the session at $33.61, falling within a range of $32.5 and $35.366. The value of beta (5-year monthly) was 1.235 whereas the PE ratio was 35.96 over 12-month period. Referring to stock’s 52-week performance, its high was $40.09, and the low was $14.69. On the whole, CHWY has fluctuated by -3.76% over the past month.
With the market capitalization of Chewy Inc currently standing at about $13.59 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Dec-03.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CHWY’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 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 6.48, with the price of CHWY currently trading nearly -1.80% and -7.84% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.02, while the 7-day volatility ratio is showing 5.02% which for the 30-day chart, stands at 5.62%. Furthermore, Chewy Inc (CHWY)’s beta value is 1.68, and its average true range (ATR) is 1.75.
A comparison of Chewy Inc (CHWY) with its peers suggests the former has fared considerably weaker in the market. CHWY showed an intraday change of -1.07% in last session, and over the past year, it grew by 100.06%%.
Data on historical trading for Chewy Inc (NYSE:CHWY) indicates that the trading volumes over the past 10 days have averaged 5.54 and over the past 3 months, they’ve averaged 5.02 million. According to company’s latest data on outstanding shares, there are 161.52 million shares outstanding.
Nearly 60.93% of Chewy Inc’s shares belong to company insiders and institutional investors own 38.23% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.82 million shares as on 2025-03-14, resulting in a short ratio of 2.09. According to the data, the short interest in Chewy Inc (CHWY) stood at 676.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 11.17 million. The stock has fallen by -0.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CHWY stock heading into the next quarter.
