Christopher & Banks (CBK) Worth Watching: Stock Up 9.8% – Tale of the Tape

Zacks

Christopher & Banks Corporation (CBK) was a big mover last session with its shares rising nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock has gained just over 31% in the past one-month time frame.

This retailer of women’s apparel and accessories has seen one positive estimate revision in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.

Christopher & Banks currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Some other notable retail stocks are Citi Trends, Inc. (CTRN), The Men's Wearhouse, Inc. (MW) and Foot Locker, Inc. (FL). While The Men’s Wearhouse and Foot Locker bear a Zacks Rank #2 (Buy), Citi Trends sports the same Zacks Rank as Christopher & Banks.

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