Do you still think Childrens Place Inc (NASDAQ:PLCE) is worth a look?

Stocks of Childrens Place Inc (NASDAQ:PLCE) traded higher last session on Wall Street, up 3.29% to $9.73.

PLCE stock price is now -8.97% away from the 50-day moving average and -8.92% away from the 200-day moving average. The market capitalization of the company currently stands at $124.45M.

With the price target reduced from $13 to $9, Telsey Advisory Group maintained Market Perform rating for Childrens Place Inc (NASDAQ: PLCE). On April 24, 2024, B. Riley Securities Upgraded its previous ‘Sell’ rating to ‘Neutral’ on the stock reducing its target price from $12 to quote $7, while ‘Monness Crespi & Hardt’ rates the stock as ‘Neutral’

In other news, Markee Maegan, Former Officer bought 4,000 shares of the company’s stock on Sep 11 ’24. The stock was bought for $36,001 at an average price of $9.00. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 15 ’24, Former Officer Markee Maegan bought 8,000 shares of the business’s stock. A total of $52,739 was incurred on buying the stock at an average price of $6.59. A total of 0.00% of the company’s stock is owned by insiders.

During the past 12 months, Childrens Place Inc has had a low of $4.77 and a high of $38.03. The fifty day moving average price for PLCE is $10.6894 and a two-hundred day moving average price translates $10.68255 for the stock.

The latest earnings results from Childrens Place Inc (NASDAQ: PLCE) was released for 2024-11-02. The net profit margin was -12.47% and return on equity was -521.67% for PLCE. The company reported revenue of $390.17 million for the quarter, compared to $480.23 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -18.75 percent.

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