For its third fiscal quarter (ending October 31), Citi Trends Inc (NASDAQ: CTRN) has reported E.P.S. of $-0.86 compared to $-0.47 a year ago. For the latest four quarters through October 31, E.P.S. were $-3.06 compared to $-1.08 a year ago.
Recent Price Action
Citi Trends Inc (NASDAQ: CTRN) stock closed at $23.80 on 12/3/24 after a major increase of 14.6%. Moreover, this advance was accompanied by unusually high trading volume at 185% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 25.8% during the last week.
Current PriceTarget Research Rating
Citi Trends has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Citi Trends has a neutral Appreciation Score of 44 but a poor Power Rating of 19, and the Negative Value Trend Rating results.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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