Caleres Inc (NYSE:CAL) shares, rose in value, with the stock price down by -18.32% to the previous day’s close as strong demand from buyers drove the stock to $13.38.
Actively observing the price movement in the last trading, the stock closed the session at $16.38. The PE ratio was 5.59 over 12-month period. Referring to stock’s 52-week performance, its high was $44.51, and the low was $14.25. On the whole, CAL has fluctuated by -13.68% over the past month.
With the market capitalization of Caleres Inc currently standing at about $456.16 million, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.28, with its dividend yield at 2.09%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CAL’s technical picture suggests that short-term indicators denote the stock is a 75% 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 CAL currently trading nearly -17.33% and -17.31% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.56, while the 7-day volatility ratio is showing 10.42% which for the 30-day chart, stands at 6.56%. Furthermore, Caleres Inc (CAL)’s beta value is 1.16, and its average true range (ATR) is 1.10.
A comparison of Caleres Inc (CAL) with its peers suggests the former has fared considerably weaker in the market. CAL showed an intraday change of -18.32% in last session, and over the past year, it shrunk by -64.41%%.
Data on historical trading for Caleres Inc (NYSE:CAL) indicates that the trading volumes over the past 3 months, they’ve averaged 1.03 million. According to company’s latest data on outstanding shares, there are 34.09 million shares outstanding.
Nearly 4.18% of Caleres Inc’s shares belong to company insiders and institutional investors own 99.14% of the company’s shares. The stock has fallen by -42.23% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CAL stock heading into the next quarter.
