Somewhat Positive News Coverage Somewhat Unlikely to Affect Christopher & Banks (CBK) Stock Price
Media headlines about Christopher & Banks (NYSE:CBK) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Christopher & Banks earned a news impact score of 0.15 on Accern’s scale. Accern also gave press coverage about the specialty retailer an impact score of 45.0700590190121 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, Zacks Investment Research raised Christopher & Banks from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st.
Shares of Christopher & Banks (NYSE CBK) traded up $0.01 on Tuesday, reaching $1.32. The company’s stock had a trading volume of 157,000 shares, compared to its average volume of 103,060. The firm has a market capitalization of $49.94, a price-to-earnings ratio of -1.61 and a beta of 3.54. Christopher & Banks has a one year low of $1.04 and a one year high of $2.39.
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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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