Carters (CRI) : During the past 4 weeks, traders have been relatively bearish on Carters (CRI), hence the stock is down -10.47% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.61% relative to the S&P 500. The 4-week change in the price of the stock is -10.12% and the stock has fallen -2.64% in the past 1 week.
Carters, Inc. has dropped 1.26% during the last 3-month period . Year-to-Date the stock performance stands at 12.73%. The stock has recorded a 20-day Moving Average of 2.46% and the 50-Day Moving Average is 4.59%.
Carters (NYSE:CRI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $99.37 and $98.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $100.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $99.70, notching a gain of 0.45% for the day. The total traded volume was 399,465 . The stock had closed at $99.25 on the previous day.
Also, Monness Crespi Hardt upgrades its rating on Carters (NYSE:CRI). Analysts at the Monness Crespi Hardt have a current rating of Buy on the shares. The shares were previously rated Neutral. 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.