Capri Holdings Ltd (CPRI) concluded trading on Wednesday at a closing price of $40.46, with 3.61 million shares of worth about $146.15 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.62% during that period and on September 11, 2024 the price saw a gain of about 7.01%. Currently the company’s common shares owned by public are about 116.63M shares, out of which, 115.10M shares are available for trading.
Stock saw a price change of 12.23% in past 5 days and over the past one month there was a price change of 36.64%. Year-to-date (YTD), CPRI shares are showing a performance of -19.47% which decreased to -23.59% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $29.28 but also hit the highest price of $53.06 during that period. The average intraday trading volume for Capri Holdings Ltd shares is 1.24 million. The stock is currently trading 17.00% above its 20-day simple moving average (SMA20), while that difference is up 19.27% for SMA50 and it goes to -0.86% lower than SMA200.
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Capri Holdings Ltd (NYSE: CPRI) currently have 116.63M outstanding shares and institutions hold larger chunk of about 85.96% of that.
The stock has a current market capitalization of $4.77B and its 3Y-monthly beta is at 1.94. It has posted earnings per share of -$2.49 in the same period. It has Quick Ratio of 0.41 while making debt-to-equity ratio of 2.21. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CPRI, volatility over the week remained 5.42% while standing at 3.06% over the month.
Stock’s fiscal year EPS is expected to drop by -30.14% while it is estimated to increase by 18.13% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on June 25, 2024 offering an Overweight rating for the stock and assigned a target price range of between $57 and $43 to it. Coverage by Citigroup stated Capri Holdings Ltd (CPRI) stock as a Buy in their note to investors on June 17, 2024, suggesting a price target of $41 for the stock. On April 23, 2024, Telsey Advisory Group Reiterated their recommendations, while on July 31, 2023, JP Morgan Downgrade their ratings for the stock with a price target of $47. Stock get an Equal-weight rating from Morgan Stanley on June 13, 2023.
