CATO - Watch for Continued Gains in Shares of Cato Corporation (The) Class A (CATO)
Cato Corporation (The) Class A (NYSE:CATO) traded at a new 52-week high today of $14.21. So far today approximately 57,000 shares have been exchanged, as compared to an average 30-day volume of 217,000 shares.
In the past 52 weeks, shares of Cato Corporation (The) Class A have traded between a low of $6.07 and a high of $14.21 and is now at $14.04, which is 131% above that low price.
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.
Cato Corporation (The) Class A (NYSE:CATO) is currently priced 4.1% above its average consensus analyst price target of $13.47.
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