The Childrens Place Inc (NASDAQ: PLCE) stock suffered a major decline of -10.2% on 6/4/24. The shares closed at $11.67. However, below average trading volume at 75% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -12.5% during the last week.
Current PriceTarget Research Rating
PLCE is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Childrens Place is currently unrated.
Rating Review
The stock is currently unrated.
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