Culp (NYSE:CULP) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Posted by Brian Himes on Sep 20th, 2026

Culp, Inc. (NYSE:CULP – Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.24 and traded as high as $3.72. Culp shares last traded at $3.63, with a volume of 94,021 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Culp from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce”.

Check Out Our Latest Research Report on Culp

Culp Stock Down 0.3%

The company’s 50 day simple moving average is $3.52 and its 200-day simple moving average is $3.24. The company has a current ratio of 1.76, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The firm has a market cap of $46.23 million, a P/E ratio of -4.22 and a beta of 1.19.

Culp (NYSE:CULP – Get Free Report) last announced its quarterly earnings results on Wednesday, September 9th. The textile maker reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.03. The firm had revenue of $53.97 million during the quarter, compared to analyst estimates of $53.20 million. Culp had a negative net margin of 5.24% and a negative return on equity of 12.53%.

Hedge Funds Weigh In On Culp

Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Culp in the second quarter worth $863,000. Bank of New York Mellon Corp purchased a new stake in Culp during the second quarter valued at $158,000. Grace & White Inc. NY lifted its holdings in Culp by 24.7% in the first quarter. Grace & White Inc. NY now owns 150,763 shares of the textile maker’s stock valued at $413,000 after acquiring an additional 29,845 shares during the period. Finally, Hsbc Holdings PLC purchased a new position in Culp in the second quarter worth about $47,000. 75.05% of the stock is owned by institutional investors.

Culp Company Profile

(Get Free Report)

Culp, Inc is a manufacturer and marketer of mattress fabrics and upholstery fabrics. The company supplies textile products used by bedding manufacturers, furniture producers, and other customers in residential, commercial, hospitality, and related end markets.

Through its Mattress Fabrics segment, Culp produces knitted and woven fabrics used in mattress covers, ticking, foundations, and other bedding applications. Its Upholstery Fabrics segment provides fabrics for residential furniture as well as commercial and hospitality furnishings, offering a range of designs, textures, and performance characteristics.

Founded in 1972 and headquartered in High Point, North Carolina, Culp serves customers in the United States and international markets through manufacturing and distribution operations in multiple countries.