In a filing, Five Below Inc revealed its Director Vellios Thomas unloaded Company’s shares for reported $1.86 million on Jan 19 ’24. In the deal valued at $185.82 per share,10,000 shares were sold. As a result of this transaction, Vellios Thomas now holds 333,697 shares worth roughly $34.44 million.
Telsey Advisory Group downgraded its Five Below Inc [FIVE] rating to a Market perform from a an Outperform in a research note published on November 25, 2024; the price target was decreased to $95 from $102. A number of analysts have revised their coverage, including Gordon Haskett’s analysts, who increased its forecast for the stock in early November from “a Hold” to “a Buy”. KeyBanc Capital Markets also remained covering FIVE and has decreased its forecast on November 07, 2024 with a “Sector weight” recommendation from previously “an Overweight” rating. BofA Securities revised its rating on November 06, 2024. It rated FIVE as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of FIVE
On Tuesday, Five Below Inc [NASDAQ:FIVE] saw its stock jump 4.03% to $103.20. Over the last five days, the stock has gained 12.65%. Five Below Inc shares have fallen nearly -51.59% since the year began. Nevertheless, the stocks have fallen -48.35% over the past one year. While a 52-week high of $216.18 was reached on 01/02/24, a 52-week low of $64.87 was recorded on 08/07/24. SMA at 50 days reached $90.71, while 200 days put it at $118.46.
Levels Of Support And Resistance For FIVE Stock
The 24-hour chart illustrates a support level at 99.90, which if violated will result in even more drops to 96.61. On the upside, there is a resistance level at 105.17. A further resistance level may holdings at 107.15. The Relative Strength Index (RSI) on the 14-day chart is 67.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.63%. Stochastics %K at 94.88% indicates the stock is a selling.
How much short interest is there in Five Below Inc?
A steep rise in short interest was recorded in Five Below Inc stocks on 2024-11-15, dropping by -0.42 million shares to a total of 4.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 4.54 million shares. There was a decline of -10.05%, which implies that there is a negative sentiment for the stock.
