News stories about Christopher & Banks Corporation (NYSE:CBK) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Christopher & Banks Corporation earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news coverage about the specialty retailer an impact score of 45.8291232550302 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Christopher & Banks Corporation (CBK) Upgraded to Hold by Zacks Investment Research (americanbankingnews.com)
- Traders, Markets Brace for Fed and Tax Turbulence (finance.yahoo.com)
- BOE Can't Afford Not to Deliver Rate Hike, Says Dixon (finance.yahoo.com)
- ETFs with exposure to Christopher & Banks Corp. : October 26, 2017 (finance.yahoo.com)
Shares of Christopher & Banks Corporation (CBK) remained flat at $1.18 during mid-day trading on Wednesday. The stock had a trading volume of 8,185 shares. The stock has a 50-day moving average of $1.39 and a 200-day moving average of $1.33. Christopher & Banks Corporation has a 1-year low of $1.04 and a 1-year high of $2.42. The company’s market cap is $44.67 million.
Christopher & Banks Corporation (NYSE:CBK) last issued its quarterly earnings results on Tuesday, August 29th. The specialty retailer reported ($0.20) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.22) by $0.02. The company had revenue of $86.60 million during the quarter, compared to analysts’ expectations of $87.18 million. Christopher & Banks Corporation had a negative return on equity of 34.64% and a negative net margin of 6.90%. The firm’s revenue was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.11) EPS. Analysts anticipate that Christopher & Banks Corporation will post ($0.48) earnings per share for the current fiscal year.
A number of analysts recently commented on the company. ValuEngine upgraded Christopher & Banks Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 16th. Zacks Investment Research upgraded Christopher & Banks Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday.
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About Christopher & Banks Corporation
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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