Christopher & Banks Corp. (CBK) Jumps 6.4% on December 31

Equities Staff |

Christopher & Banks Corp. (CBK) was among the biggest gainers on the Russell 2000 for Thursday December 31 as the stock popped 6.4% to $1.66, representing a gain of $0.0999 per share. Some 519,236 shares traded hands on 1,753 trades, compared with an average daily volume of 618,068 shares out of a total float of 37.24 million. The stock opened at $1.56 and traded with an intraday range of $1.70 to $1.56.

After today's gains, Christopher & Banks Corp. reached a market cap of $61.81 million. Christopher & Banks Corp. has had a trading range between $6.51 and $0.96 over the last year, and it had a 50-day SMA of $1.35 and a 200-day SMA of $3.23.

The stock has a P/E Ratio of 2.

Christopher & Banks Corp is a retailer of women's apparel and accessories, which operates retail stores through its wholly owned subsidiaries.

Christopher & Banks Corp. is based out of Plymouth, MN and has some 4,605 employees. Its CEO is LuAnn Via.

For a complete fundamental analysis analysis of Christopher & Banks Corp., check out Equities.com’s Stock Valuation Analysis report for CBK. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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