Shares of Five Below Inc. (NASDAQ:FIVE) traded today at $189.83, eclipsing its 52-week high. So far today approximately 206,000 shares have been exchanged, as compared to an average 30-day volume of 934,000 shares.
Five Below Inc. share prices have moved between a 52-week high of $189.83 and a 52-week low of $47.53 and are now trading 299% above that low price at $189.60 per share.
There is potential upside of 54.2% for shares of Five Below Inc. based on a current price of $189.60 and an average consensus analyst price target of $292.34.
Five Below is a value-oriented retailer that operated 900 stores in the United States as of the end of fiscal 2019. Catering to teen and preteen consumers, stores feature a wide variety of merchandise, the vast majority of which is priced at or below $6. The assortment focuses on discretionary items in several categories, particularly leisure (such as sporting goods, toys, and electronics; 50% of fiscal 2019 sales), fashion and home (for example, beauty products and accessories, home goods, and storage solutions; 31% of fiscal 2019 sales), and party and snack (including seasonal goods, candy, and beverages; 19% of fiscal 2019 sales). The chain had stores in 36 states as of the end of fiscal 2019, along with four distribution centers (with another slated to open in 2020).
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