Chewy, Inc. (NYSE:CHWY) went up by 3.86% from its latest closing price when compared to the 1-year high value of $52.77 and move down -1.64%, while CHWY stocks collected +11.75% of gains with the last five trading sessions. Press Release reported on 06/18/20 that Chewy to Virtually Present at the Jefferies Consumer Conference
Chewy, Inc. (NYSE:CHWY) Worth an Investment?
Chewy, Inc. (NYSE:CHWY) 10 of the analysts out of 15 who provided ratings for Chewy, Inc. stocks as a “buy” while 0 as overweight, 5 rated it as hold and 0 as sell. The average price we get from analysts is $55.38 which is $2.17 above current price. CHWY currently has a short float of 27.94% and public float of 59.64M with average trading volume of 4.40M shares.
CHWY Market Performance
CHWY stocks went up by 11.75% for the week, with the monthly jump of 0.80% and a quarterly performance of 40.59%, while its annual performance rate touched 56.34%. The simple moving average for the period of the last 20 days is 7.84% for CHWY stocks with the simple moving average of 57.29% for the last 200 days.
Analysts’ Opinion on Chewy, Inc. (NYSE:CHWY)
Many brokerage firms have already submitted their reports for CHWY stocks, with Morgan Stanley repeating the rating for CHWY shares by setting it to “Equal-Weight”. The predicted price for CHWY socks in the upcoming period according to Morgan Stanley is $45 based on the research report published on June 22, 2020.
Wedbush, on the other hand, stated in their research note that they expect to see CHWY stock at the price of $55, previously predicting the value of $53. The rating they have provided for CHWY stocks is “Outperform” according to the report published on June 10, 2020.
UBS gave “Neutral” rating to CHWY stocks, setting the target price at $49 in the report published on June 10, 2020.
CHWY Stocks 15.10% Far from 50 Day Moving Average
After a stumble in the market that brought CHWY to its low price for the period of the last 52 weeks, Chewy, Inc. was unable to take a rebound, for now settling with -1.61% of loss for the given period.
The stock volatility was left at 5.93%, however, within the period of a single month, the volatility rate increased by 4.26%, while the shares surge at the distance of +4.61% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +17.57% upper at the present time.
In the course of the last 5 trading sessions, CHWY went up by +11.75%, which changed the moving average for the period of 200 days to the total of +88.80% of gains for the stock in comparison to the 20-day moving average settled at $48.26. In addition, Chewy, Inc. saw 79.03% in overturn over the period of a single year with a tendency to cut further gains.
CHWY Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Chewy, Inc. (CHWY), starting from Marte Mario Jesus, who sold 32,037 shares at the price of $45.81 back on Jul 01. After this action, Rushing now owns 184,034 shares of Chewy, Inc., valued at $1,467,510 with the latest closing price.
Helfrick Susan, the General Counsel of Chewy, Inc., sold 30,000 shares at the value of $48.35 during a trade that took place back on Jun 26, which means that Helfrick Susan is holding 50,000 shares at the value of $1,450,397 based on the most recent closing price.