In yesterday’s Wall Street session, Chewy Inc (NYSE:CHWY) shares traded at $26.48, up 3.60% from the previous session.
CHWY stock price is now 6.84% away from the 50-day moving average and 32.66% away from the 200-day moving average. The market capitalization of the company currently stands at $11.54B.
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, while ‘Mizuho’ rates the stock as ‘Neutral’
In other news, Bowman Stacy, sold 647 shares of the company’s stock on Aug 02 ’24. The stock was sold for $14,389 at an average price of $22.24. Upon completion of the transaction, the now directly owns 245,561 shares in the company, valued at $6.5 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 02 ’24, Chief Technology Officer Mehta Satish sold 2,894 shares of the business’s stock. A total of $64,360 was realized by selling the stock at an average price of $22.24. This leaves the insider owning 573,463 shares of the company worth $15.19 million. A total of 71.41% of the company’s stock is owned by insiders.
During the past 12 months, Chewy Inc has had a low of $14.69 and a high of $39.10. As of last week, the company has a debt-to-equity ratio of 0.86, a current ratio of 1.07, and a quick ratio of 0.69. The fifty day moving average price for CHWY is $24.7836 and a two-hundred day moving average price translates $19.96035 for the stock.
The latest earnings results from Chewy Inc (NYSE: CHWY) was released for 2024-04-28. The net profit margin was 0.75% and return on equity was 18.22% for CHWY. The company reported revenue of $2.88 billion for the quarter, compared to $2.79 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.12 percent.
