Shares of Five Below Inc. (NASDAQ:FIVE) traded at a new 52-week high today of $238.00. So far today approximately 63.8 million shares have been exchanged, as compared to an average 30-day volume of 931,000 shares.
Potential upside of 0.6% exists for Five Below Inc., based on a current level of $164.84 and analysts’ average consensus price target of $165.83.
Five Below is a value-oriented retailer that operated 1,020 stores in the United States as of the end of fiscal 2020. Catering to teen and preteen consumers, stores feature a wide variety of merchandise, the vast majority of which is priced below $6. The assortment focuses on discretionary items in several categories, particularly leisure (such as sporting goods, toys, and electronics; 47% of fiscal 2020 sales), fashion and home (for example, beauty products and accessories, home goods, and storage solutions; 36% of fiscal 2020 sales), and party and snack (including seasonal goods, candy, and beverages; 17% of fiscal 2020 sales). The chain had stores in 38 states as of the end of fiscal 2020.
In the past 52 weeks, shares of Five Below Inc. have traded between the current low of $44.31 and a high of $237.86 and is now at $164.84.
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