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A peek at Childrens Place Inc (PLCE): Who has invested in It?

Childrens Place Inc (NASDAQ: PLCE) is -57.47% lower on its value in year-to-date trading and has touched a low of $6.58 and a high of $38.03 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PLCE stock was last observed hovering at around $9.35 in the last trading session, with the day’s gains setting it 0.53%.

Currently trading at $9.88, the stock is 28.52% and -12.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 5.61% at the moment leaves the stock -53.40% off its SMA200. PLCE registered -63.06% loss for a year compared to 6-month loss of -62.21%.

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The stock witnessed a 16.73% gain in the last 1 month and extending the period to 3 months gives it a -48.86%, and is 46.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.13% over the week and 12.88% over the month.

Childrens Place Inc (PLCE) has around 8390 employees, a market worth around $125.31M and $1.60B in sales. Fwd P/E is 987.50. Profit margin for the company is -9.64%. Distance from 52-week low is 50.08% and -74.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-97.28%).

The EPS is expected to grow by 99.94% this year

The shares outstanding are 12.53M, and float is at 4.86M with Short Float at 64.69%.

Childrens Place Inc (PLCE) Insider Activity

The most recent transaction is an insider purchase by Mithaq Capital SPC, the company’s 10% Owner. SEC filings show that Mithaq Capital SPC bought 966,344 shares of the company’s common stock on Feb 13 ’24 at a price of $11.15 per share for a total of $10.78 million. Following the purchase, the insider now owns 6.75 million shares.

Childrens Place Inc disclosed in a document filed with the SEC on Feb 12 ’24 that Mithaq Capital SPC (10% Owner) bought a total of 1,566,475 shares of the company’s common stock. The trade occurred on Feb 12 ’24 and was made at $15.80 per share for $24.75 million. Following the transaction, the insider now directly holds 4.66 million shares of the PLCE stock.

Still, SEC filings show that on Feb 09 ’24, Mithaq Capital SPC (10% Owner) acquired 1,849,397 shares at an average price of $11.02 for $20.39 million. The insider now directly holds 3,097,268 shares of Childrens Place Inc (PLCE).

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