The Children's Place, Inc. (NASDAQ:PLCE - Get Free Report) was the recipient of some unusual options trading activity on Thursday. Investors purchased 3,934 call options on the company. This is an increase of approximately 75% compared to the average daily volume of 2,251 call options.
Children's Place Stock Down 0.6 %
NASDAQ:PLCE traded down $0.05 on Monday, reaching $8.75. 71,973 shares of the company's stock were exchanged, compared to its average volume of 1,128,338. The firm has a market capitalization of $111.87 million, a price-to-earnings ratio of -0.62 and a beta of 2.47. Children's Place has a 52-week low of $4.77 and a 52-week high of $19.74. The business has a fifty day moving average of $9.23 and a 200-day moving average of $11.59.
Analyst Ratings Changes
Separately, UBS Group decreased their price target on Children's Place from $11.00 to $9.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 4th.
Read Our Latest Report on Children's Place
Hedge Funds Weigh In On Children's Place
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC purchased a new stake in shares of Children's Place during the fourth quarter worth $31,000. Quantbot Technologies LP acquired a new stake in Children's Place in the 3rd quarter valued at about $33,000. State of Wyoming purchased a new position in shares of Children's Place in the 4th quarter valued at about $37,000. Tower Research Capital LLC TRC acquired a new position in shares of Children's Place during the fourth quarter worth about $44,000. Finally, Covestor Ltd increased its stake in shares of Children's Place by 156.3% during the fourth quarter. Covestor Ltd now owns 4,408 shares of the company's stock worth $46,000 after buying an additional 2,688 shares during the period.
Children's Place Company Profile
(
Get Free Report)
The Children's Place, Inc engages in the provision of apparel, footwear, accessories, and other items for children. The firm also designs contracts to manufacture and sell fashionable and value-priced merchandise under the brand names of The Children's Place, Baby Place, and Gymboree. It operates through The Children's Place U.S.
See Also
Before you consider Children's Place, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Children's Place wasn't on the list.
While Children's Place currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
