Carters (CRI) has been under a strong bear grip, hence the stock is down -6.89% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.61% in the past 1 week. The stock has risen by 1.67% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.93% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.05% and the 50-Day Moving Average is 2.28%. Carters (NYSE:CRI): On Fridays trading session , Opening price of the stock was $103 with an intraday high of $103.07. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $101.82. However, the stock managed to close at $102.4, a loss of 0.65% for the day. On the previous day, the stock had closed at $103.07. The total traded volume of the day was 738,153 shares.
The company Insiders own 3.1% of Carters shares according to the proxy statements. Institutional Investors own 93.44% of Carters shares. During last six month period, the net percent change held by insiders has seen a change of -16.43%. Also, Major Brokerage house, Monness Crespi Hardt upgrades its ratings on Carters (NYSE:CRI). According to the latest information available, the shares are now rated Buy by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on August 8, 2016.
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.