Chewy Inc (NYSE:CHWY) price on Thursday, May 09, rose 2.78% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $15.87.
A look at the stock’s price movement, the level at last check in today’s session was $15.44. The PE ratio in trailing twelve months stood at 173.82. Turning to its 52-week performance, $40.78 and $14.69 were the 52-week high and 52-week low respectively. Overall, CHWY moved -8.79% over the past month.
Chewy Inc’s market cap currently stands at around $6.90 billion.
Analysts have a consensus estimate of 2.84B for the company’s revenue for the quarter, with a low and high estimate of 2.74B and 2.86B respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 11.7B, representing a 4.90% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CHWY is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
CHWY’s current price about -0.91% and -4.19% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.40, while 7-day volatility ratio is 4.36% and 4.81% in the 30-day chart. Further, Chewy Inc (CHWY) has a beta value of 0.91, and an average true range (ATR) of 0.74.
If we refocus on Chewy Inc (NYSE:CHWY), historical trading data shows that trading volumes averaged 8.79 million over the past 3 months. The company’s latest data on shares outstanding shows there are 132.91 million shares.
The 69.91% of Chewy Inc’s shares are in the hands of company insiders while institutional holders own 22.78% of the company’s shares. Current price change has pushed the stock -32.84% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CHWY stock continues to rise going into the next quarter.
