Carters (NYSE:CRI) : Traders are bullish on Carters (NYSE:CRI) as it has outperformed the S&P 500 by a wide margin of 4.68% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.48%, 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 1.77% in the last 1 week, and is up 6.37% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -0.18% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $109.53 and the one year low was seen on Oct 29, 2015. The 50-Day Moving Average price is $103.62 and the 200 Day Moving Average price is recorded at $99.39.
The stock has recorded a 20-day Moving Average of 3.66% and the 50-Day Moving Average is 4.96%.
Carters (NYSE:CRI): stock turned positive on Friday. Though the stock opened at $108.72, the bulls momentum made the stock top out at $109.06 level for the day. The stock recorded a low of $107.6 and closed the trading day at $108.2, in the green by 0.58%. The total traded volume for the day was 616,167. The stock had closed at $107.58 in the previous days trading.
In an insider trading activity, Westenberger Richard F., officer (Chief Financial Officer) of Carters Inc, unloaded 4,000 shares at an average price of $107.44 on May 2, 2016. The total amount of the transaction was worth $429,760, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Carters, Inc. is a marketer of apparel for babies and young children in the United States. The Company owns two brand names in the childrens apparel industry, Carters and OshKosh. The Company operates through five business segments: Carters retail, Carters wholesale, OshKosh retail, OshKosh wholesale and International. It offers multiple product categories, including baby, sleepwear, playclothes and related accessories. As of January 3, 2015, the Company had approximately 18,000 wholesale locations (including national department stores, chain and specialty stores and discount retailers), 855 Company-operated stores and its Websites. As of January 3, 2015, the Company operated 531 Carters and 200 OshKosh outlet, brand, and specialty stores in the United States. As of January 3, 2015, its products are sold through 124 Company-operated stores in Canada in addition to its international wholesale, licensing and online channels.