Christopher & Banks Co. (NYSE:CBK) Given Daily Media Sentiment Rating of 0.12
Media coverage about Christopher & Banks Co. (NYSE:CBK) has trended somewhat positive on Tuesday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Christopher & Banks Co. earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the specialty retailer an impact score of 45.8330697376993 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several research analysts have recently weighed in on CBK shares. Zacks Investment Research cut Christopher & Banks Co. from a “hold” rating to a “sell” rating in a report on Thursday, May 25th. ValuEngine cut Christopher & Banks Co. from a “sell” rating to a “strong sell” rating in a report on Saturday, June 3rd.
Shares of Christopher & Banks Co. (CBK) traded up 2.76% on Tuesday, hitting $1.49. The stock had a trading volume of 141,828 shares. The company’s 50 day moving average is $1.33 and its 200 day moving average is $1.31. The stock’s market cap is $56.06 million. Christopher & Banks Co. has a one year low of $1.04 and a one year high of $2.42.
Christopher & Banks Co. (NYSE:CBK) last issued its quarterly earnings data on Thursday, May 25th. The specialty retailer reported ($0.10) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.05. Christopher & Banks Co. had a negative net margin of 4.16% and a negative return on equity of 21.26%. The business had revenue of $88.60 million during the quarter, compared to analysts’ expectations of $86.90 million. The firm’s revenue for the quarter was down 11.4% on a year-over-year basis. Equities research analysts predict that Christopher & Banks Co. will post ($0.28) EPS for the current fiscal year.
In other Christopher & Banks Co. news, Director Jonathan Duskin acquired 100,000 shares of the company’s stock in a transaction dated Wednesday, May 31st. The stock was acquired at an average cost of $1.33 per share, with a total value of $133,000.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Over the last three months, insiders have bought 245,500 shares of company stock valued at $321,260. Corporate insiders own 18.60% of the company’s stock.
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Christopher & Banks Co. Company Profile
Christopher & Banks Corporation is a national specialty retailer featuring private-brand women’s apparel and accessories. The Company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women’s apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite and women sizes.
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