News coverage about Christopher & Banks (NYSE:CBK) has trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Christopher & Banks earned a news impact score of 0.08 on Accern’s scale. Accern also gave news coverage about the specialty retailer an impact score of 45.9610874841021 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Christopher & Banks (NYSE CBK) traded up $0.01 during trading hours on Friday, reaching $1.26. 43,300 shares of the company were exchanged, compared to its average volume of 133,558. The company has a market capitalization of $47.67, a PE ratio of -1.54 and a beta of 3.54. Christopher & Banks has a fifty-two week low of $1.04 and a fifty-two week high of $1.62.
Christopher & Banks (NYSE:CBK) last announced its quarterly earnings data on Tuesday, November 28th. The specialty retailer reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.03. The business had revenue of $98.50 million for the quarter, compared to analysts’ expectations of $102.57 million. Christopher & Banks had a negative net margin of 8.48% and a negative return on equity of 46.51%. The firm’s quarterly revenue was down 7.7% compared to the same quarter last year. During the same period last year, the firm posted $0.02 earnings per share. research analysts forecast that Christopher & Banks will post -0.63 EPS for the current fiscal year.
Separately, Zacks Investment Research downgraded shares of Christopher & Banks from a “hold” rating to a “sell” rating in a research report on Wednesday, November 22nd.
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About Christopher & Banks
Christopher & Banks Corporation is a national specialty retailer featuring private-brand women’s apparel and accessories. The Company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women’s apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite and women sizes.
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