Citi Trends Stock Price on June 16, 2022

CTRN Stock  USD 26.79  0.05  0.19%   
Below is the normalized historical share price chart for Citi Trends extending back to May 18, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Citi Trends stands at 26.79, as last reported on the 28th of March, with the highest price reaching 27.31 and the lowest price hitting 26.64 during the day.
IPO Date
18th of May 2005
200 Day MA
23.9274
50 Day MA
29.0134
Beta
2.388
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Citi Stock, it is important to understand the factors that can impact its price. Citi Trends secures Sharpe Ratio (or Efficiency) of -0.0209, which signifies that the company had a -0.0209% return per unit of risk over the last 3 months. Citi Trends exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Citi Trends' Mean Deviation of 1.89, downside deviation of 2.44, and Risk Adjusted Performance of 0.0168 to double-check the risk estimate we provide.
  
At this time, Citi Trends' Total Stockholder Equity is very stable compared to the past year. As of the 28th of March 2024, Common Stock Shares Outstanding is likely to grow to about 10 M, while Liabilities And Stockholders Equity is likely to drop about 312.5 M. . As of the 28th of March 2024, Price To Free Cash Flows Ratio is likely to grow to 21.65, though Price Earnings Ratio is likely to grow to (17.56). Citi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0209

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Estimated Market Risk

 2.62
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Citi Trends is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Citi Trends by adding Citi Trends to a well-diversified portfolio.
Price Book
1.4927
Enterprise Value Ebitda
62.5462
Price Sales
0.3055
Shares Float
6.2 M
Wall Street Target Price
30.75

Citi Trends Valuation on June 16, 2022

It is possible to determine the worth of Citi Trends on a given historical date. On June 16, 2022 Citi was worth 23.46 at the beginning of the trading date compared to the closed value of 23.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Citi Trends stock. Still, in general, we apply an absolute valuation method to find Citi Trends' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Citi Trends where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Citi Trends' related companies.
 Open High Low Close Volume
  24.02    25.40    23.83    24.47    447,000  
06/16/2022
  23.46    23.93    22.66    23.18    270,600  
  23.48    24.48    22.79    24.25    1,072,000  
Backtest Citi Trends  |  Citi Trends History  |  Citi Trends Valuation   PreviousNext  
Open Value
23.46
23.18
Closing Value
31.33
Upside

Citi Trends Trading Date Momentum on June 16, 2022

On June 17 2022 Citi Trends was traded for  24.25  at the closing time. The top price for the day was 24.48  and the lowest listed price was  22.79 . The trading volume for the day was 1.1 M. The trading history from June 17, 2022 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 4.62% . The overall trading delta against the current closing price is 8.58% .

Citi Trends Fundamentals Correlations and Trends

By evaluating Citi Trends' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Citi Trends' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Citi financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Citi Trends Stock history

Citi Trends investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Citi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Citi Trends will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Citi Trends stock prices may prove useful in developing a viable investing in Citi Trends
Last ReportedProjected for 2024
Common Stock Shares Outstanding8.2 M10 M
Net Income Applicable To Common Shares67.7 M71.1 M

Citi Trends Quarterly Net Working Capital

47.87 Million

Citi Trends Stock Technical Analysis

Citi Trends technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Citi Trends technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Citi Trends trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Citi Trends Period Price Range

Low
June 16, 2022
High

 23.46 

  

 23.18 

-0.28-1.19%

Citi Trends March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Citi Trends stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Citi Trends shares will generate the highest return on investment. By undertsting and applying Citi Trends stock market strength indicators, traders can identify Citi Trends entry and exit signals to maximize returns

Citi Trends Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Citi Trends' price direction in advance. Along with the technical and fundamental analysis of Citi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Citi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Citi Trends offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citi Trends' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Citi Trends Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citi Trends Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citi Trends. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Citi Stock, please use our How to Invest in Citi Trends guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Citi Stock analysis

When running Citi Trends' price analysis, check to measure Citi Trends' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Citi Trends is operating at the current time. Most of Citi Trends' value examination focuses on studying past and present price action to predict the probability of Citi Trends' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citi Trends' price. Additionally, you may evaluate how the addition of Citi Trends to your portfolios can decrease your overall portfolio volatility.
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Is Citi Trends' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citi Trends. If investors know Citi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Citi Trends listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
(1.06)
Revenue Per Share
90.979
Quarterly Revenue Growth
0.027
Return On Assets
(0.02)
The market value of Citi Trends is measured differently than its book value, which is the value of Citi that is recorded on the company's balance sheet. Investors also form their own opinion of Citi Trends' value that differs from its market value or its book value, called intrinsic value, which is Citi Trends' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Citi Trends' market value can be influenced by many factors that don't directly affect Citi Trends' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Citi Trends' value and its price as these two are different measures arrived at by different means. Investors typically determine if Citi Trends is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citi Trends' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.