Watch for Continued Gains in Shares of Christopher & Banks (CBK)
Shares of Christopher & Banks (NYSE:CBK) traded at a new 52-week high today of $4.83. So far today approximately 302,000 shares have been exchanged, as compared to an average 30-day volume of 224,000 shares.
Christopher & Banks Corporation is a specialty retailer of women's clothing providing exclusive fashions under the Christopher & Banks label. The Company has stores operating primarily in the northern regions throughout the United States.
Christopher & Banks has overhead space with shares priced $4.72, or 14.2% below the average consensus analyst price target of $5.50. Christopher & Banks shares have support at the 50-day moving average (MA) of $3.18 and additional support at the 200-day MA of $2.18.
In the past 52 weeks, shares of Christopher & Banks have traded between a low of $1.01 and a high of $4.83 and are now at $4.72, which is 367% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.7%.
SmarTrend is monitoring the recent change of momentum in Christopher & Banks. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Christopher & Banks in search of a potential trend change.
Keywords: 52 week high/lows christopher & banks