The stock of Stitch Fix Inc (NASDAQ:SFIX) last traded at $3.71, down -1.33% from the previous session.
SFIX stock price is now -1.73% away from the 50-day moving average and 11.47% away from the 200-day moving average. The market capitalization of the company currently stands at $470.59M.
With the price target enhanced from $4 to $6, Telsey Advisory Group maintained Market Perform rating for Stitch Fix Inc (NASDAQ: SFIX). , while ‘Mizuho’ rates the stock as ‘Underperform’
In other news, Bacos Anthony, Chief Prod/Technology Officer sold 16,720 shares of the company’s stock on Dec 13 ’24. The stock was sold for $77,079 at an average price of $4.61. Upon completion of the transaction, the Chief Prod/Technology Officer now directly owns 913,962 shares in the company, valued at $3.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 11 ’24, Director Lake Katrina sold 725,002 shares of the business’s stock. A total of $4,189,295 was realized by selling the stock at an average price of $5.78. A total of 23.53% of the company’s stock is owned by insiders.
During the past 12 months, Stitch Fix Inc has had a low of $2.06 and a high of $6.99. As of last week, the company has a debt-to-equity ratio of 0.59, a current ratio of 1.73, and a quick ratio of 1.21. The fifty day moving average price for SFIX is $3.7556 and a two-hundred day moving average price translates $3.32195 for the stock.
The latest earnings results from Stitch Fix Inc (NASDAQ: SFIX) was released for 2024-08-03. The net profit margin was -7.71% and return on equity was -46.99% for SFIX. The company reported revenue of $319.55 million for the quarter, compared to $364.74 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.39 percent.
