Alert: Major Price Advance (10/28/24)-The Childrens Place Inc (NASDAQ: PLCE).

The Childrens Place Inc (NASDAQ: PLCE) stock closed at $12.83 on 10/28/24 after a major increase of 11.4%. However, this advance was accompanied by exceptionally low trading volume at 15% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 9.1% during the last week.

PLCE is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Childrens Place is currently unrated.
The stock is currently unrated.