Five Below Inc (NASDAQ:FIVE) shares, rose in value, with the stock price down by -0.51% to the previous day’s close as strong demand from buyers drove the stock to $150.08.
Actively observing the price movement in the last trading, the stock closed the session at $150.85. The PE ratio was 27.66 over 12-month period. Referring to stock’s 52-week performance, its high was $216.18, and the low was $144.57. On the whole, FIVE has fluctuated by -18.37% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.04B, with a low estimate of 831.6M and a high estimate of 843M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 836.97M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FIVE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.43, with the price of FIVE currently trading nearly -5.49% and -17.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.32, while the 7-day volatility ratio is showing 2.50% which for the 30-day chart, stands at 2.78%. Furthermore, Five Below Inc (FIVE)’s beta value is 1.21, and its average true range (ATR) is 4.85.
A comparison of Five Below Inc (FIVE) with its peers suggests the former has fared considerably weaker in the market. FIVE showed an intraday change of -0.51% in last session, and over the past year, it shrunk by -23.82%%.
Data on historical trading for Five Below Inc (NASDAQ:FIVE) indicates that the trading volumes over the past 3 months, they’ve averaged 912.91K. According to company’s latest data on outstanding shares, there are 55.20 million shares outstanding.
Nearly 2.81% of Five Below Inc’s shares belong to company insiders and institutional investors own 108.60% of the company’s shares. The stock has fallen by -29.59% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FIVE stock heading into the next quarter.
