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

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

The Container Store Group Stock Performance

Shares of NYSE:TCS opened at $0.20 on Friday. The Container Store Group has a 12-month low of $1.79 and a 12-month high of $37.80. The stock has a market capitalization of $690,200.00, a PE ratio of -0.01 and a beta of 1.01. The company’s fifty day moving average is $4.79. The company has a quick ratio of 0.57, a current ratio of 1.29 and a debt-to-equity ratio of 1.73.

Institutional Trading of The Container Store Group

A hedge fund recently raised its stake in The Container Store Group stock. Renaissance Technologies LLC lifted its position in shares of The Container Store Group, Inc. (NYSE:TCS) by 21.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,200 shares of the specialty retailer’s stock after acquiring an additional 15,300 shares during the period. Renaissance Technologies LLC owned approximately 0.17% of The Container Store Group worth $48,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 67.11% of the company’s stock.

About The Container Store Group

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.