Shares of Cost Plus (Nasdaq:CPWM) were gapping up Friday morning with an open price 10.5% higher than Thursday's closing price. The stock closed at $16.02 yesterday and opened today's trading at $17.70.
NEW YORK ( TheStreet) -- Shares of Cost Plus (Nasdaq: CPWM) were gapping up Friday morning with an open price 10.5% higher than Thursday's closing price. The stock closed at $16.02 Thursday and opened today's trading at $17.70. The average volume for Cost Plus has been 179,900 shares per day over the past 30 days. Cost Plus has a market cap of $298.9 million and is part of the services sector and retail industry. Shares are up 59.7% year to date as of the close of trading on Thursday. Cost Plus, Inc. operates as a specialty retailer of casual home furnishings and entertaining products in the United States. The company has a P/E ratio of 35.4, below the average retail industry P/E ratio of 41.8 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Cost Plus as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and poor profit margins. You can view the full Cost Plus Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping up? Get free SMS text alerts sent to you when the action happens by texting UP to 95370 or select from multiple alert options.
Cost Plus (Nasdaq:CPWM) hit a new 52-week high Friday as it is currently trading at $21.99, above its previous 52-week high of $21.97 with 584,014 shares traded as of 3:19 p.m. ET. Average volume has been 696,600 shares over the past 30 days.