Citi Trends Inc (NASDAQ:CTRN) shares, rose in value on Thursday, April 16, with the stock price up by 3.93% to the previous day’s close as strong demand from buyers drove the stock to $19.84.
Actively observing the price movement in the last trading, the stock closed the session at $19.09, falling within a range of $19.18 and $19.92. The value of beta (5-year monthly) was 2.023. Referring to stock’s 52-week performance, its high was $29.41, and the low was $13.65. On the whole, CTRN has fluctuated by -6.68% over the past month.
With the market capitalization of Citi Trends Inc currently standing at about $172.80 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-17.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 781.75M, with a low estimate of 194.83M and a high estimate of 196.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 195.76M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CTRN’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 Hold 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 CTRN currently trading nearly -3.74% and -13.01% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.92, while the 7-day volatility ratio is showing 5.84% which for the 30-day chart, stands at 8.48%. Furthermore, Citi Trends Inc (CTRN)’s beta value is 2.02, and its average true range (ATR) is 1.69.
A comparison of Citi Trends Inc (CTRN) with its peers suggests the former has fared considerably weaker in the market. CTRN showed an intraday change of 3.93% in last session, and over the past year, it shrunk by -12.56%%.
Data on historical trading for Citi Trends Inc (NASDAQ:CTRN) indicates that the trading volumes over the past 10 days have averaged 85830.0 and over the past 3 months, they’ve averaged 91.26K. According to company’s latest data on outstanding shares, there are 8.55 million shares outstanding.
Nearly 12.29% of Citi Trends Inc’s shares belong to company insiders and institutional investors own 93.25% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.6 million shares as on 2025-03-31, resulting in a short ratio of 5.71. According to the data, the short interest in Citi Trends Inc (CTRN) stood at 1083.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.57 million. The stock has fallen by -24.42% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CTRN stock heading into the next quarter.
