PLCE Stock Summary and Trading Ideas (Children's Place | NASDAQ:PLCE)

Children's Place Inc is pure-play children's specialty apparel retailer in North America. It design, contract to manufacture, sell at retail and wholesale, and license to sell, trend right, high quality merchandise predominantly at value prices, under proprietary The Children's Place, Place, Baby Place, Gymboree, Sugar & Jade, and PJ Place brand names.

Children's Place trades on the NASDAQ stock market under the symbol PLCE.

As of April 18, 2024, PLCE stock price climbed to $8.38 with 1,807,263 million shares trading.

PLCE has a beta of -0.92, meaning it tends to be less sensitive to market movements. PLCE has a correlation of 0.01 to the broad based SPY ETF.

PLCE has a market cap of $104.56 million. This is considered a Micro Cap stock.

Last quarter Children's Place reported $480 million in Revenue and $3.22 earnings per share. This beat revenue expectation by $8 million and missed earnings estimates by -$.34.

In the last 3 years, PLCE stock traded as high as $113.50 and as low as $6.98.

The top ETF exchange traded funds that PLCE belongs to (by Net Assets): IWM, VXF, FNDA, IWN, VTI.

PLCE has underperformed the market in the last year with a price return of -73.4% while the SPY ETF gained +22.3%. PLCE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -63.3% and -18.1%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

PLCE support price is $7.68 and resistance is $8.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PLCE stock will trade within this expected range on the day.