Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Citi Trends, Inc. before investing.

In this article, we go over a few key elements for understanding Citi Trends, Inc.’s stock price such as:

• Citi Trends, Inc.’s current stock price and volume
• Why Citi Trends, Inc.’s stock price changed recently
• Upgrades and downgrades for CTRN from analysts
• CTRN’s stock price momentum as measured by its relative strength

About Citi Trends, Inc. (CTRN)

Before we jump into Citi Trends, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Citi Trends, Inc. is a specialty retailer of apparel, accessories and home trends primarily for African American and multicultural families in the United States. The Company operates over 602 stores located in 33 states. It offers a range of merchandise, including a range of apparel for juniors, missy and women (plus size), including sportswear, outerwear, sleepwear, lingerie and scrubs; selection of apparel for men and big men, including sportswear and outerwear; an assortment of basics, fashion and trends for boys up to size 20 and girls up to size 16 and also, sizes for newborns, infants and toddlers, as well as kids uniforms and accessories; fashionable handbags, hats, belts, sunglasses, jewelry and watches for men and women, underwear and socks for the entire family, as well as beauty and fragrance offerings for women and men; home goods for the bedroom, bathroom, kitchen and decorative accessories, and casual and dress footwear in sizes for men, ladies and kids.

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Citi Trends, Inc.’s Stock Price as of Market Close

As of June 06, 2024, 4:00 PM, CST, Citi Trends, Inc.’s stock price was $23.00.

Citi Trends, Inc. is down 5.27% from its previous closing price of $24.28.

During the last market session, Citi Trends, Inc.’s stock traded between $23.42 and $24.74. Currently, there are 8.24 million shares of Citi Trends, Inc. stock available for purchase.

Unfortunately, Citi Trends, Inc.’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Citi Trends, Inc. Stock Price History

Citi Trends, Inc.’s (CTRN) price is currently down 5.85% so far this month.

During the month of June, Citi Trends, Inc.’s stock price has reached a high of $26.75 and a low of $22.88.

Over the last year, Citi Trends, Inc. has hit prices as high as $32.90 and as low as $14.96. Year to date, Citi Trends, Inc.’s stock is down 13.14%.

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What Caused Citi Trends, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of June 05, 2024,, no analysts have changed their rating of Citi Trends, Inc.’s stock over the last month.

Additionally, you'll want to evaluate Citi Trends, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Citi Trends, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Citi Trends, Inc.’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Citi Trends, Inc. (CTRN) by visiting AAII Stock Evaluator.

Relative Price Strength of Citi Trends, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 05, 2024, Citi Trends, Inc. has a weighted four-quarter relative price strength of 0.58%, which translates to a Momentum Score of 71 and is considered to be Strong.

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Citi Trends, Inc. Stock Price: Bottom Line

As of June 6, 2024, Citi Trends, Inc.’s stock price is $23.00, which is down 5.27% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Citi Trends, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.