CATO - Cato Corporation (The) Class A Looks to Continue to Trade Above its Annual-High Share Price Today
Cato Corporation (The) Class A (NYSE:CATO) traded at a new 52-week high today of $14.75. This new high was reached on below average trading volume as 54,000 shares traded hands, while the average 30-day volume is approximately 195,000 shares.
Cato Corporation (The) Class A share prices have moved between a 52-week high of $14.75 and a 52-week low of $6.07 and are now trading 141% above that low price at $14.65 per share.
Cato Corporation (The) Class A (NYSE:CATO) is currently priced 5.3% above its average consensus analyst price target of $13.87.
The Cato Corp operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. Its primary objective is to be the fashion specialty retailer for fashion and value in its markets. The company operates through the following business segments: Retail and Credit. The Retail segment which generates majority revenue offers fashion specialty stores. The Credit segment involves credit card services.
Receive IBN Spotlights - "Bite Size" Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer