Is Stitch Fix Inc (NASDAQ: SFIX) A Good Pick For New Investors Now?

Stitch Fix Inc (NASDAQ:SFIX) shares, rose in value on Thursday, March 27, with the stock price down by -2.86% to the previous day’s close as strong demand from buyers drove the stock to $3.40.

Actively observing the price movement in the last trading, the stock closed the session at $3.50, falling within a range of $3.4 and $3.585. The value of beta (5-year monthly) was 2.135. Referring to stock’s 52-week performance, its high was $6.99, and the low was $2.06. On the whole, SFIX has fluctuated by -30.33% over the past month.

With the market capitalization of Stitch Fix Inc currently standing at about $437.91 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-10.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SFIX’s technical picture suggests that short-term indicators denote the stock is a 100% 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% Sell.

The stock’s technical analysis shows that the price of SFIX currently trading nearly -13.56% and -25.74% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.46, while the 7-day volatility ratio is showing 5.78% which for the 30-day chart, stands at 8.66%. Furthermore, Stitch Fix Inc (SFIX)’s beta value is 2.01, and its average true range (ATR) is 0.30.

A comparison of Stitch Fix Inc (SFIX) with its peers suggests the former has fared considerably weaker in the market. SFIX showed an intraday change of -2.86% in last session, and over the past year, it grew by 42.26%%.

Data on historical trading for Stitch Fix Inc (NASDAQ:SFIX) indicates that the trading volumes over the past 10 days have averaged 2.38 and over the past 3 months, they’ve averaged 2.52 million. According to company’s latest data on outstanding shares, there are 112.54 million shares outstanding.

Nearly 19.10% of Stitch Fix Inc’s shares belong to company insiders and institutional investors own 76.71% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.0 million shares as on 2025-03-14, resulting in a short ratio of 3.8. According to the data, the short interest in Stitch Fix Inc (SFIX) stood at 1037.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 8.76 million. The stock has fallen by -21.11% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SFIX stock heading into the next quarter.

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