Five Below (FIVE) : Traders are bullish on Five Below (FIVE) as it has outperformed the S&P 500 by a wide margin of 6.01% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.16%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.22% in the last 1 week, and is up 7.1% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.39% and the 50-Day Moving Average is 6.81%. Five Below (NASDAQ:FIVE): stock turned positive on Friday. Though the stock opened at $50, the bulls momentum made the stock top out at $51.07 level for the day. The stock recorded a low of $49.99 and closed the trading day at $50.69, in the green by 0.76%. The total traded volume for the day was 503,393. The stock had closed at $50.31 in the previous days trading.
The company Insiders own 3.22% of Five Below shares according to the proxy statements. Also, UBS maintains its view on Five Below (NASDAQ:FIVE) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. UBS raises the price target from $48 per share to $55 per share on Five Below . The rating by the firm was issued on August 5, 2016.
Five Below, Inc. (Five Below) is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers a range of products, all priced at five dollars and below, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. The Company operates 366 locations across 21 states. The Companys stores have over 4,000 stock-keeping units (SKUs) across a range of categories. The Companys product groups include leisure, fashion and home, and party and snack. Leisure includes items, such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. Fashion and home includes items, such as personal accessories, attitude t-shirts, beauty offerings, home goods and storage options. Party and snack includes items, such as party and seasonal goods, greeting cards, candy and other snacks, and beverages.