The trading price of Chewy Inc (NYSE:CHWY) closed higher on Friday, April 19, closing at $16.15, 0.19% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 176.89, while its 5Y monthly beta was 0.90. In examining the 52-week price action we see that the stock hit a 52-week high of $40.78 and a 52-week low of $15.08. Over the past month, the stock has lost -8.96% in value.
Chewy Inc, whose market valuation is $7.02 billion at the time of this writing, is expected to release its quarterly earnings report May 29, 2024 – Jun 03, 2024. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Chewy Inc No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest CHWY has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that CHWY’s price is currently -2.00% off the SMA20 and -4.47% off the SMA50. The RSI metric on the 14-day chart is currently showing 44.53, and weekly volatility stands at 5.51%. When measured over the past 30 days, the indicator reaches 5.08%. Chewy Inc (NYSE:CHWY)’s beta value is currently sitting at 0.88, while the Average True Range indicator is currently displaying 0.86.
To see how Chewy Inc stock has been performing in comparison to its peers in the industry, here are the numbers: CHWY stock’s performance was 0.19% in the latest trading, and -50.99% in the past year. Chewy Inc has a P/E ratio of 176.89.
An evaluation of the daily trading volume of Chewy Inc (NYSE:CHWY) indicates that the 3-month average is 8.91 million.
Currently, records show that 132.91 million of the company’s shares remain outstanding. The insiders hold 69.91% of outstanding shares, whereas institutions hold 23.70%. However, since the stock’s price has seen -31.65% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
