Is This Stock a Screaming Buy: Christopher & Banks Corporation (NYSE:CBK)

Equity Research firms currently have a positive stance on shares of Christopher & Banks Corporation (NYSE:CBK). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $3.63 on a short term basis.

At the time of writing, the stock was trading at $1.43. This represents a change from the opening price of -2.05%. In terms of performance, year to date, the stock is -13.33%. The monthly stock performance comes in at -2.05%. For the quarter, shares are performing at -39.41%. Weekly performance analysis shows the equity at 0.70%.

In taking a look at technical levels, shares are trading -14.57% away from the 50 day simple moving average and -26.63% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -52.65% away from it’s 52- week high and 48.96% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Christopher & Banks Corporation’s RSI stands at 44.49. In looking at volatility levels, the shares saw weekly volatility of 5.29% and 4.96% over the past month.

Leave a Comment