Shares of Christopher & Banks (NYSE:CBK) traded today at $3.73, breaking its 52-week low. Approximately 210,000 shares have changed hands today, as compared to an average 30-day volume of 499,000 shares.
Christopher & Banks Corporation is a specialty retailer of women's clothing providing exclusive fashions under the Christopher & Banks label. The Company has stores operating primarily in the northern regions throughout the United States.
There is potential upside of 114.5% for shares of Christopher & Banks based on a current price of $3.73 and an average consensus analyst price target of $8.00. The stock should run into initial resistance at its 50-day moving average (MA) of $5.00 and subsequent resistance at its 200-day MA of $5.72.
Over the past year, Christopher & Bankshas traded in a range of $3.73 to $11.22 and are now at $3.73. Over the past week, the 200-day moving average (MA) has gone down 1.6% while the 50-day MA has declined 2.4%.