Abercrombie & Fitch Co (NYSE:ANF) shares, rose in value, with the stock price up by 14.67% to the previous day’s close as strong demand from buyers drove the stock to $88.47.
Actively observing the price movement in the last trading, the stock closed the session at $77.15. The PE ratio was 8.71 over 12-month period. Referring to stock’s 52-week performance, its high was $196.99, and the low was $65.40. On the whole, ANF has fluctuated by 25.19% over the past month.
With the market capitalization of Abercrombie & Fitch Co currently standing at about $4.21 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ANF’s technical picture suggests that short-term indicators denote the stock is a Hold 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 100% Sell.
The stock’s technical analysis shows that the price of ANF currently trading nearly 17.50% and 17.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.80, while the 7-day volatility ratio is showing 7.57% which for the 30-day chart, stands at 4.44%. Furthermore, Abercrombie & Fitch Co (ANF)’s beta value is 1.46, and its average true range (ATR) is 5.60.
A comparison of Abercrombie & Fitch Co (ANF) with its peers suggests the former has fared considerably weaker in the market. ANF showed an intraday change of 14.67% in last session, and over the past year, it shrunk by -39.35%%.
Data on historical trading for Abercrombie & Fitch Co (NYSE:ANF) indicates that the trading volumes over the past 3 months, they’ve averaged 2.58 million. According to company’s latest data on outstanding shares, there are 47.64 million shares outstanding.
Nearly 2.51% of Abercrombie & Fitch Co’s shares belong to company insiders and institutional investors own 107.48% of the company’s shares. The stock has fallen by -40.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ANF stock heading into the next quarter.
