The Container Store Group, Inc. (NYSE:TCS – Get Rating) CEO Satish Malhotra acquired 33,500 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were bought at an average price of $2.24 per share, for a total transaction of $75,040.00. Following the transaction, the chief executive officer now owns 500,301 shares of the company’s stock, valued at $1,120,674.24. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
The Container Store Group Stock Down 0.4 %
TCS opened at $2.23 on Tuesday. The company has a market capitalization of $112.90 million, a PE ratio of -0.69 and a beta of 1.45. The Container Store Group, Inc. has a 1-year low of $2.15 and a 1-year high of $8.09. The firm’s 50 day simple moving average is $3.15 and its two-hundred day simple moving average is $4.13. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.62.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on TCS. Lake Street Capital decreased their price target on shares of The Container Store Group from $7.00 to $5.00 in a research report on Wednesday, May 17th. StockNews.com began coverage on shares of The Container Store Group in a research report on Thursday, May 18th. They issued a “hold” rating on the stock. Finally, TheStreet downgraded shares of The Container Store Group from a “c” rating to a “d” rating in a research report on Wednesday, May 17th.
Institutional Trading of The Container Store Group
About The Container Store Group
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.
- Get a free copy of the StockNews.com research report on The Container Store Group (TCS)
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