The Container Store Group (NYSE:TCS) Share Price Crosses Below 200-Day Moving Average of $5.09

The Container Store Group, Inc. (NYSE:TCS – Get Rating)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.09 and traded as low as $4.00. The Container Store Group shares last traded at $4.02, with a volume of 367,303 shares traded.

The Container Store Group Trading Down 5.0 %

The stock has a market cap of $203.53 million, a PE ratio of 3.79 and a beta of 1.47. The business has a 50-day moving average of $4.77 and a 200 day moving average of $5.09. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.31 and a current ratio of 1.26.

The Container Store Group (NYSE:TCS – Get Rating) last posted its quarterly earnings data on Tuesday, February 7th. The specialty retailer reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The company had revenue of $252.24 million for the quarter, compared to analysts’ expectations of $250.77 million. The Container Store Group had a return on equity of 11.76% and a net margin of 4.90%. Equities research analysts predict that The Container Store Group, Inc. will post 0.8 EPS for the current fiscal year.

Institutional Trading of The Container Store Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quantbot Technologies LP purchased a new stake in The Container Store Group in the 1st quarter valued at about $70,000. Tower Research Capital LLC TRC grew its holdings in shares of The Container Store Group by 223.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 9,198 shares of the specialty retailer’s stock worth $45,000 after purchasing an additional 6,352 shares during the period. Insight Advisors LLC PA purchased a new stake in shares of The Container Store Group during the 2nd quarter worth about $72,000. Principal Financial Group Inc. purchased a new stake in shares of The Container Store Group during the 4th quarter worth about $44,000. Finally, Bard Associates Inc. purchased a new stake in shares of The Container Store Group during the 2nd quarter worth about $63,000. Hedge funds and other institutional investors own 82.78% of the company’s stock.

The Container Store Group Company Profile

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The Container Store Group, Inc is a holding company, which engages in the retail of storage and organization products and solutions. It operates through The Container Store and Elfa segments. The Container Store segment is composed of retail stores, website and call centers, as well as the installation and organizational services business.