Watch for Continued Gains in Shares of Container Store (The) (TCS)

March 16, 2021 11:05:34

Shares of Container Store (The) (NYSE:TCS) traded at a new 52-week high today of $19.31. This new high was reached on below average trading volume as 470,000 shares traded hands, while the average 30-day volume is approximately 1.7 million shares.

Based on a current price of $18.13, Container Store (The) is currently 57.1% above its average consensus analyst price target of $7.78.

Over the past year, Container Store (The) has traded in a range of $1.80 to $19.31 and is now at $18.13, 907% above that low.

The Container Store Group Inc is a U.S. based specialty retailer of storage and organization products and solutions. It offers a collection of multifunctional and customizable storage and organization solutions. The company consists of two segments., The Container store segment which consists of retail stores, website and call center, as well as installation and organizational services business, and The Elfa segment which involves designing and manufacturing of component-based shelving and drawer systems and made-to-measure sliding doors. It derives a majority of the revenue from the Container store segment. The company sells its products in the US and other countries.

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