Five Below Inc (NASDAQ:FIVE) shares, rose in value, with the stock price up by 2.56% to the previous day’s close as strong demand from buyers drove the stock to $116.67.
Actively observing the price movement in the last trading, the stock closed the session at $113.76. The PE ratio was 25.39 over 12-month period. Referring to stock’s 52-week performance, its high was $141.70, and the low was $52.38. On the whole, FIVE has fluctuated by 50.21% over the past month.
With the market capitalization of Five Below Inc currently standing at about $6.42 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.35B, with a low estimate of 953.7M and a high estimate of 971M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 966.48M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FIVE’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell 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 5.75, with the price of FIVE currently trading nearly 17.12% and 42.02% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 73.32, while the 7-day volatility ratio is showing 4.86% which for the 30-day chart, stands at 5.39%. Furthermore, Five Below Inc (FIVE)’s beta value is 1.00, and its average true range (ATR) is 5.20.
A comparison of Five Below Inc (FIVE) with its peers suggests the former has fared considerably weaker in the market. FIVE showed an intraday change of 2.56% in last session, and over the past year, it shrunk by -12.27%%.
Data on historical trading for Five Below Inc (NASDAQ:FIVE) indicates that the trading volumes over the past 3 months, they’ve averaged 2.70 million. According to company’s latest data on outstanding shares, there are 55.03 million shares outstanding.
Nearly 2.53% of Five Below Inc’s shares belong to company insiders and institutional investors own 103.75% of the company’s shares. The stock has risen by 11.16% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FIVE stock heading into the next quarter.
