Trade Citi Trends - CTRN CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.31
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.02224 %(-$4.45)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02224%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position0.00001 %($0.00)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: 0.00001%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02224 %
  (-$4.45)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.00001 %
  ($0.00)

Key Stats

• Prev. Close: 49.79
• Open: 48.74
• 1-Year Change: 33.75%
• Day's Range: 47.81 - 50.21

Trade Citi Trends - CTRN

About Citi Trends, Inc.

Citi Trends, Inc. is a specialty retailer of apparel, accessories, and home trends primarily for African American and Latinx families. The Company operates approximately 600 stores in urban, suburban, and rural markets in 33 states. It offers a range of merchandise including apparel for juniors and women (plus size), including fashion sportswear, outerwear, sleepwear, lingerie, and scrubs. It offers apparel for men’s including fashion sportswear and outerwear; fashion clothing for boys and girls up to size 20 and sizes for newborns, infants, and toddlers, as well as kids uniforms and kids’ accessories. The Company also provides fashionable handbags, luggage, hats, belts, sunglasses, jewelry and watches for men and women, as well as basic undergarments, and beauty and fragrance offerings for women and men; casual and dress footwear in sizes for men's, ladies, and kids; home goods for the bedroom, bathroom, kitchen, and decorative accessories.

Financial summary

BRIEF: For the fiscal year ended 29 January 2022, Citi Trends, Inc. revenues increased 27% to $991.6M. Net income increased from $24M to $62.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Interest Expense decrease of 61% to $306K (expense). Basic Earnings per Share excluding Extraordinary Items increased from $2.33 to $6.98.

Equity composition

Common Stock $.01 Par, 01/11, 32M auth., 14,989,535 issd., less 165,750 shs. in Treas. @ $165K. Insiders control 2.59%. IPO: 5/18/05, 3.85M shares @ $14 per share by CIBC WorldMarkets. PO: 6/07, 2.1M shs @ $37.92 by CIBC World Market, Cowen and Company, Piper Jaffray, and Wachovia Securities.