As of Friday close, Kidpik Corp.’s (NASDAQ:PIK) stock was up $0.04, moving up 5.89 percent to $0.70. The average number of shares traded per day over the past five days has been 3,031,980 shares. 3 times new highs have been achieved over the past 5 days, with a $0.0988 gain in that time frame. In the last twenty days, the average volume was 820,990, while in the previous 50 days, it was 2,335,696.
Since last month, PIK stock retreated -9.22%. Shares of the company fell to $0.5847 on 07/25/23, the lowest level in the past month. A 52-week high of $2.96 was reached on 06/23/23 after having rallying from a 52-week low of $0.53. Since the beginning of this year, PIK’s stock price has risen by 0.17% or $0.0012, and marked a new high 4 times. However, the stock has declined by -76.39% since its 52-week high.
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Valuation Metrics
The stock’s beta is 3.62. Besides these, the trailing price-to-sales (P/S) ratio of 0.33, the price-to-book (PB) ratio of 0.76.
Financial Health
In the three months ended March 30, Kidpik Corp.’s quick ratio stood at 0.20, while its current ratio was 2.10, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 59.90% percent. In the year ended March 30, operating margins totaled -47.90%. Based on annual data, PIK earned $9.88 million in gross profit and brought in $16.48 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -73.10%. Return on equity (ROE) for the past 12 months was -80.70%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. PIK’s revenue fell -7.44% to $4.74 million during the quarter, while net income inched up to $4.03 million. While analysts expected Kidpik Corp. to report -$0.21 quarterly earnings, the actual figure was -$0.25 per share, beating the consensus estimate by -19.00%. During the quarter, the company generated -$1.92 million in EBITDA. The liabilities of Kidpik Corp. were 6.88 million at the end of its most recent quarter ended March 30, and its total debt was $4.77 million. The value of shareholders’ equity is $7.69 million.
Technical Picture
This quick technical analysis looks at Kidpik Corp.’s (PIK) price momentum. With a historical volatility rate of 93.35%, the RSI 9-day stood at 58.03% on 04 August.
With respect to its five-day moving average, the current Kidpik Corp. price is up by +16.46% percent or $0.0988. At present, PIK shares trade -6.80% below its 20-day simple moving average and -1.56% percent below its 100-day simple moving average. However, the stock is currently trading approximately +19.47% above its SMA50 and -50.08% below its SMA200.
Stochastic coefficient K was 19.05% and Stochastic coefficient D was 14.17%, while ATR was 0.1447. Given the Stochastic reading of 18.56% for the 14-day period, the RSI (14) reading has been calculated as 52.67%. As of today, the MACD Oscillator reading stands at 0.0524, while the 14-day reading stands at 0.0278.
Analyst Ratings
Kidpik Corp. (PIK) has been rated Buy by analysts. According to 0 brokerage firms, PIK is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Kidpik Corp. stock as buy, with 1 recommending it as overweight.
With a median target price of $3.00, the current consensus forecast for the stock is $3.00 – $3.00. Based on these forecasts, analysts predict Kidpik Corp. (PIK) will achieve an average price target of $3.00.
