Chicos FAS (NYSE:CHS) has climbed 2.12% in the past week and advanced 0.09% in the last 4 weeks. The company has outperformed the S&P 500 by 3.34% in the past week but underperformed the index by 0.82% in the last 4 weeks.
Chicos FAS (NYSE:CHS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.84 and $10.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.10, notching a gain of 2.68% for the day. The total traded volume was 2,969,440 . The stock had closed at $10.81 on the previous day.
The company shares have dropped -34.67% from its 1 Year high price. On Jun 24, 2015, the shares registered one year high at $17.28 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $11.36 and the 200 Day Moving Average price is recorded at $11.54.
On the companys insider trading activities,The officer (Brand President WH|BM) of Chicos Fas Inc, Noce Colaco Donna sold 40,000 shares at $13.02 on April 4, 2016. The Insider selling transaction had a total value worth of $520,800. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Citigroup maintains its rating on Chicos FAS (NYSE:CHS). The global brokerage major lowers the current price target from $13 per share to $11 per share. Analysts at the Citigroup have a current rating of Neutral on the shares. The rating by the firm was issued on May 27, 2016. Currently the company Insiders own 3% of Chicos FAS shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -17.99% . Institutional Investors own 95.55% of Chicos FAS shares. During last six month period, the net percent change held by insiders has seen a change of -18.48%.
Chicos FAS, Inc. is a specialty retailer of womens private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items operating under the Chicos, White House/Black Market (WH/BM), Soma Intimates (Soma) and Boston Proper brand names. The Chicos brand sells designed, private branded clothing focusing on women 40 and over. The WHBM brand offers feminine and alternative to designer fashion selling fashionable and clothing and accessory items, primarily in black and white and related shades with seasonal color splashes. The Soma brand sells designed private branded lingerie, loungewear and beauty products women who are 35 years old and over. The Boston Proper brand sells womens apparel and accessories, marketed to affluent women between 35-55 years old.