The trading price of Capri Holdings Ltd (NYSE:CPRI) closed lower on Tuesday, April 23, closing at $36.51, -3.82% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 20.46, while its 5Y monthly beta was 2.05. In examining the 52-week price action we see that the stock hit a 52-week high of $54.52 and a 52-week low of $34.17. Over the past month, the stock has lost -19.39% in value.
Capri Holdings Ltd, whose market valuation is $4.26 billion at the time of this writing, is expected to release its quarterly earnings report May 28, 2024 – Jun 01, 2024. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest CPRI 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.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0.65, which symbolizes a positive outlook. A quick review shows that CPRI’s price is currently -13.61% off the SMA20 and -18.47% off the SMA50. The RSI metric on the 14-day chart is currently showing 15.96, and weekly volatility stands at 2.77%. When measured over the past 30 days, the indicator reaches 2.74%. Capri Holdings Ltd (NYSE:CPRI)’s beta value is currently sitting at 2.08, while the Average True Range indicator is currently displaying 1.12.
To see how Capri Holdings Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: CPRI stock’s performance was -3.82% in the latest trading, and -19.46% in the past year. Capri Holdings Ltd has a P/E ratio of 20.46.
An evaluation of the daily trading volume of Capri Holdings Ltd (NYSE:CPRI) indicates that the 3-month average is 1.38 million.
Currently, records show that 117.35 million of the company’s shares remain outstanding. The insiders hold 2.45% of outstanding shares, whereas institutions hold 85.79%. However, since the stock’s price has seen -27.33% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
