Five Below (NASDAQ:FIVE) : Traders are bullish on Five Below (NASDAQ:FIVE) as it has outperformed the S&P 500 by a wide margin of 5.21% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.76%, 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 3.06% in the last 1 week, and is up 6.91% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 20.96% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $48.13 and the one year low was seen on Nov 17, 2015. The 50-Day Moving Average price is $44.16 and the 200 Day Moving Average price is recorded at $39.16.
The stock has recorded a 20-day Moving Average of 4.62% and the 50-Day Moving Average is 12%.
Five Below (NASDAQ:FIVE): stock turned positive on Friday. Though the stock opened at $46.95, the bulls momentum made the stock top out at $48.13 level for the day. The stock recorded a low of $46.82 and closed the trading day at $47.79, in the green by 2.36%. The total traded volume for the day was 644,375. The stock had closed at $46.69 in the previous days trading.
In an insider trading activity,The officer (CFO & Treas.) of Five Below, Inc, Bull Kenneth R sold 34,600 shares at $45.06 on June 8, 2016. The Insider selling transaction had a total value worth of $1,559,076. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.