Torrid Holdings Inc [CURV] moved down -20.37: Why It’s Important

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Torrid Holdings Inc [NYSE: CURV] closed the trading session at $3.91.

The stocks have a year to date performance of -32.24 percent and weekly performance of -37.94 percent. The stock has been moved at -3.93 percent over the last six months. The stock has performed -48.48 percent around the most recent 30 days and changed -40.76 percent over the most recent 3-months.

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If compared to the average trading volume of 216.65K shares, CURV reached to a volume of 3630046 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Torrid Holdings Inc [CURV]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CURV shares is $6.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CURV stock is a recommendation set at 3.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for Torrid Holdings Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on July 18, 2024. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Buy. The new note on the price target was released on February 08, 2024, representing the official price target for Torrid Holdings Inc stock. Previously, the target price had yet another raise from $2 to $5, while Telsey Advisory Group kept a Market Perform rating on CURV stock. On September 07, 2023, analysts decreased their price target for CURV shares from 4 to 2.50.

The Average True Range (ATR) for Torrid Holdings Inc is set at 0.79, with the Price to Sales ratio for CURV stock in the period of the last 12 months amounting to 0.36. Price to Free Cash Flow for CURV in the course of the last twelve months was 7.73 with Quick ratio for the last quarter at 0.36.

CURV stock trade performance evaluation

Torrid Holdings Inc [CURV] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -37.94. With this latest performance, CURV shares dropped by -48.48% in over the last four-week period, additionally sinking by -3.93% over the last 6 months – not to mention a rise of 191.79% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CURV stock in for the last two-week period is set at 26.99, with the RSI for the last a single of trading hit 22.63, and the three-weeks RSI is set at 30.58 for Torrid Holdings Inc [CURV]. The present Moving Average for the last 50 days of trading for this stock 7.33, while it was recorded at 5.83 for the last single week of trading, and 5.79 for the last 200 days.

Torrid Holdings Inc [CURV]: An insightful look at the core fundamentals

Torrid Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.36 and a Current Ratio set at 0.88.

Torrid Holdings Inc [CURV]: Institutional Ownership

There are presently around $82.83%, or 93.02%% of CURV stock, in the hands of institutional investors. The top three institutional holders of CURV stocks are: SYCAMORE PARTNERS MANAGEMENT, L.P. with ownership of 82.35 million shares, which is approximately 78.9811%. FUND 1 INVESTMENTS, LLC, holding 1.49 million shares of the stock with an approximate value of $$11.19 million in CURV stocks shares; and FUND 1 INVESTMENTS, LLC, currently with $$5.83 million in CURV stock with ownership which is approximately 0.7465%.