Chicos FAS (CHS) has risen sharply, recording gains of 0.35% in the past 4 weeks. However, the stock has corrected -1.19% in the past 1 week, providing a good buying opportunity on dips. Chicos FAS (CHS) : During the past 4 weeks, traders have been relatively bearish on Chicos FAS (CHS), hence the stock is down -0.68% 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 -1.24% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 0.22% and the 50-Day Moving Average is 3.13%. Chicos FAS (NYSE:CHS): On Fridays trading session , Opening price of the stock was $11.64 with an intraday high of $11.75. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $11.57. However, the stock managed to close at $11.61, a loss of 0.34% for the day. On the previous day, the stock had closed at $11.65. The total traded volume of the day was 1,469,044 shares.
The company Insiders own 3% of Chicos FAS shares according to the proxy statements. Institutional Investors own 98.27% of Chicos FAS shares. During last six month period, the net percent change held by insiders has seen a change of -18.61%. Also, Major Brokerage house, Citigroup maintains its ratings on Chicos FAS (NYSE:CHS). In the latest research report, Citigroup lowers the target price from $13 per share to $11 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on May 27, 2016.
Chicos FAS, Inc. is a specialty retailer of womens private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items operating under the Chicos, White House/Black Market (WH/BM), Soma Intimates (Soma) and Boston Proper brand names. The Chicos brand sells designed, private branded clothing focusing on women 40 and over. The WHBM brand offers feminine and alternative to designer fashion selling fashionable and clothing and accessory items, primarily in black and white and related shades with seasonal color splashes. The Soma brand sells designed private branded lingerie, loungewear and beauty products women who are 35 years old and over. The Boston Proper brand sells womens apparel and accessories, marketed to affluent women between 35-55 years old.