The Container Store Group (NYSE:TCS) Now Covered by Analysts at StockNews.com

Investment analysts at StockNews.com started coverage on shares of The Container Store Group (NYSE:TCS) in a report issued on Friday. The brokerage set a “hold” rating on the specialty retailer’s stock.

The Container Store Group Price Performance

Shares of TCS opened at $0.20 on Friday. The stock has a market cap of $690,200.00, a PE ratio of -0.01 and a beta of 1.01. The Container Store Group has a twelve month low of $1.79 and a twelve month high of $37.80. The company has a quick ratio of 0.57, a current ratio of 1.29 and a debt-to-equity ratio of 1.73. The firm’s fifty day moving average price is $4.79.

Institutional Investors Weigh In On The Container Store Group

An institutional investor recently raised its position in The Container Store Group stock. Renaissance Technologies LLC lifted its stake in shares of The Container Store Group, Inc. (NYSE:TCS) by 21.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 88,200 shares of the specialty retailer’s stock after buying an additional 15,300 shares during the quarter. Renaissance Technologies LLC owned about 0.17% of The Container Store Group worth $48,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 67.11% of the company’s stock.

The Container Store Group Company Profile

The Container Store Group, Inc operates as a specialty retailer of organizing solutions, custom spaces, and in-home organizing services in the United States. The company operates in two segments, The Container Store and Elfa. Its stores provide custom space offerings; countertop, cosmetic and jewelry, shower and bathtub, drawer organizers, and cabinet storage products; closets that includes shoe storage, hangers, drawer organizers, boxes and bins, hanging storage bags, garment racks, jewelry storage, and bedding.