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

Equities researchers at StockNews.com began coverage on shares of The Container Store Group (NYSE:TCS) in a research report issued on Saturday. The firm set a “hold” rating on the specialty retailer’s stock.

The Container Store Group Stock Performance

Shares of TCS opened at $0.25 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.57 and a debt-to-equity ratio of 1.73. The stock has a market capitalization of $862,750.00, a P/E 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 fifty day moving average price of $3.26.

Institutional Trading of The Container Store Group

An institutional investor recently raised its position in The Container Store Group stock. Renaissance Technologies LLC boosted its stake in shares of The Container Store Group, Inc. (NYSE:TCS) by 21.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,200 shares of the specialty retailer’s stock after buying an additional 15,300 shares during the quarter. Renaissance Technologies LLC owned approximately 0.17% of The Container Store Group worth $48,000 as of its most recent SEC filing. 67.11% of the stock is currently owned by institutional investors.

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.