Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Citi Trends Inc shares valued at $317,272 were sold by DUSKIN JONATHAN on Dec 26 ’24. At $26.44 per share, DUSKIN JONATHAN sold 12,000 shares. The insider’s holdings dropped to 33,396 shares worth approximately $0.87 million following the completion of this transaction.
Also, DUSKIN JONATHAN purchased 12,000 shares, netting a total of over 317,760 in proceeds.
Before that, George Katrina had sold 262 shares from its account. In a trade valued at $7,037, the VP of Human Resources traded Citi Trends Inc shares for $26.86 each. Upon closing the transaction, the insider’s holdings decreased to 262 shares, worth approximately $0.13 million.
As published in a research note from DA Davidson on December 04, 2024, Citi Trends Inc [CTRN] has been retained to a Buy and the price target has been revised to $28. Analysts at Craig Hallum downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid March. As of August 23, 2023, Craig Hallum has increased its “Hold” rating to a “Buy” for CTRN. Earlier on June 27, 2023, DA Davidson initiated its rating. Their recommendation was “a Buy” for CTRN stock.
Analyzing CTRN Stock Performance
During the last five days, there has been a drop of approximately -0.30%. Over the course of the year, Citi Trends Inc shares have dropped approximately -0.30%. Shares of the company reached a 52-week high of $27.00 on 01/06/25 and a 52-week low of $25.42 on 01/08/25. A 50-day SMA is recorded $22.23, while a 200-day SMA reached $20.69. Nevertheless, trading volume fell to 59243.0 shares from 67400.0 shares the previous day.
Support And Resistance Levels for Citi Trends Inc (CTRN)
According to the 24-hour chart, there is a support level at 25.66, which, if violated, would cause prices to drop to 25.14. In the upper region, resistance lies at 26.45. The next price resistance is at 26.72. RSI (Relative Strength Index) is 60.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.29, which suggests the price will decrease in the coming days. Percent R is at 29.83%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
