Victoria’s Secret & Co (NYSE: VSCO) Is Down -2.29% – Is It Ready For A Rally?

Victoria’s Secret & Co (NYSE:VSCO) price closed lower on Tuesday, April 16, dropping -2.29% below its previous close.

A look at the daily price movement shows that the last close reads $17.48. The company’s P/E ratio in the trailing 12-month period read 12.45. Taking into account the 52-week price action we note that the stock hit a 52-week high of $34.10 and 52-week low of $13.62. The stock subtracted -6.87% on its value in the past month.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give VSCO a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Sell.

The overview shows that VSCO’s price is at present -8.47% off the SMA20 and -26.04% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 35.49, with weekly volatility standing at 4.78%. The indicator jumps to 4.65% when calculated based on the past 30 days. Victoria’s Secret & Co (NYSE:VSCO)’s beta value is holding at 2.18, while the average true range (ATR) indicator is currently reading 1.05.

An analysis of the Victoria’s Secret & Co (NYSE:VSCO) stock in terms of its daily trading volume indicates that the 3-month average is 3.02 million.

Current records show that the company has 78.00M in outstanding shares. The insiders’ percentage holdings are 10.89% of outstanding shares while the percentage share held by institutions stands at 94.75%. But the -35.64% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.

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