Party City Holdco Inc. (PRTY) Soars 3.54% on February 23

Equities Staff  |

Party City Holdco Inc. (PRTY) had a good day on the market for Tuesday February 23 as shares jumped 3.54% to close at $8.18. About 2.96 million shares traded hands on 19,667 trades for the day, compared with an average daily volume of n/a shares out of a total float of 110.65 million. After opening the trading day at $7.77, shares of Party City Holdco Inc. stayed within a range of $8.21 to $6.88.

With today's gains, Party City Holdco Inc. now has a market cap of $905.09 million. Shares of Party City Holdco Inc. have been trading within a range of $9.22 and $0.26 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Party City Holdco Inc is a party goods retailer in North America that operates owned and franchised locations in the US, Canada, and Puerto Rico. Party City also sells internationally in countries like the UK, France, Germany, and Australia, among others. The company has two primary reporting segments: retail and wholesale. The retail operations sell through Anagram, Amscan, Designware, Costumes USA, and other party suppliers, such as Party City, Halloween City, and PartyCity.com. The wholesale segment sells party goods such as paper and plastic tableware, accessories and novelties, balloons, stationery, and gift items for all occasions. These products are sold by franchise stores, mass merchants, independent card and gift shops, dollar stores, and other retailers and global distributors.

Party City Holdco Inc. is based out of Elmsford, NY and has some 18,300 employees. Its CEO is Bradley M. Weston.

For a complete fundamental analysis of Party City Holdco Inc., check out Equities.com’s Stock Valuation Analysis report for PRTY.

Still paying commissions on stock trades? Equities.com now offers $7.99/month unlimited trading and flat-fee options trading for $89.99/month! Get started today by https://www.equities.com/trading-start

Party City Holdco Inc. is also a component of the Russell 2000. 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.

To get more information on Party City Holdco Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: PRTY’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Market Movers