Economy

DSW Inc. (DSW), Ascena Retail Group, Inc. (ASNA)

The Company's divisions include U.S., Canada and EnLink.

Ascena Retail Group, Inc., launched on July 27, 2010, is a specialty retailer of apparel for women and tween girls. With that said, researchers took a deep dive into the hotly debated question: is it too early to buy Ascena Retail Group, Inc. It has underperformed by 87.64% the S&P500.The move comes after 7 months negative chart setup for the $404.50 million company.

The company is trading down from yesterday's close of 2.15. The company realized a fall in short interest of -1.58% as of August 15, 2017 from the last reporting period. The Firm operates through six divisions: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. It now has negative earnings. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands. Three research analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. Ascena Retail Group has $18.0 highest and $200 lowest target. Traders focusing on these levels may be watching for the stock to be gaining bullish momentum. The rating was maintained by RBC Capital Markets on Thursday, January 19 with "Sector Perform".

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. The Return on Investment (ROI) ratio of Ascena Retail Group Inc. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. Moreover, Legal & General Public Ltd Co has 0% invested in Ascena Retail Group Inc (NASDAQ:ASNA). Citigroup initiated the shares of ASNA in report on Wednesday, October 7 with "Neutral" rating.

Investors sentiment increased to 1.11 in Q4 2016. Its down 0.20, from 1.14 in 2016Q3.

Currently, the 14-day ADX for Ascena Retail Group Inc (ASNA) is sitting at 12.88. (NASDAQ:ASNA) is -43.41% below its 200-day moving average, providing a measure of resistance for long positions. Dynamic Capital Mngmt Limited accumulated 90,851 shares or 0.06% of the stock. Blackrock Institutional Tru Na accumulated 4.42 million shares or 0% of the stock. Invest Counselors Of Maryland Ltd invested in 0.27% or 813,243 shares. Telsey Advisory Group maintained Ascena Retail Group Inc (NASDAQ:ASNA) rating on Tuesday, January 12. Lsv Asset Management owns 18,200 shares. Now moving toward intermediate time frame, 50-day Moving average is more useful at showing position trading trends lasting 50 days. Jpmorgan Chase And reported 5,045 shares. Bnp Paribas Arbitrage Sa owns 81,104 shares for 0% of their portfolio.

Several equities analysts recently weighed in on the company. Deutsche Financial Bank Ag holds 592,130 shares. NY lifted its position in shares of Ascena Retail Group by 2.8% during the 1st quarter. Zebra Cap Mngmt Limited Liability holds 0.19% or 98,903 shares. Buckhead Capital owns 60,445 shares.

Analysts await Ascena Retail Group Inc (NASDAQ:ASNA) to report earnings on September, 18.

Whereas they predicted High and Low Earnings Estimate as $-0.02 and $-0.06 respectively.

About 4.13M shares traded. It has underperformed by 87.64% the S&P500. In terms of relative volume, these shares are trading at 1.05x their normal volume. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Fdx Advisors, California-based fund reported 68,706 shares.



Like this

Latest


15 September 2017
Air Berlin says decision on bids to be taken September 25
The local newspaper cited a letter of intent sent by Pang's company LinkGlobal to Air Berlin's management dated on Aug 31. The airline's chief executive Thomas Winkelmann said on Tuesday the action of some pilots is like "playing with fire".

15 September 2017
Myanmar army violence against Rohingya 'unacceptable': Tillerson
Since last month, some 389,000 Rohingya have fled to Bangladesh following a surge in violence in Myanmar's Rakhine state. Aung San Suu Kyi's attends a Myanmar parliament meeting on April 8, 2015.

15 September 2017
Analyst's Predictions on QVC Group (QVCA), Novavax, Inc. (NVAX)
It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. The average daily volatility for the week was at 5.08%, which was 0.59 higher than that in the past month.

15 September 2017
United States airstrikes kill six 'al-Shabaab' militants in Somalia
The armed group Al-Shabaab are affiliated with Al-Qaeda, and seek to overthrow the government to implement a strict interpretation of Islamic law.

15 September 2017
Lenovo 'K8 Note' on Amazon from September 15
Further, HSBC credit or debit card holders will receive a cashback of Rs. 1,000 on purchase of Lenovo K8 Note smartphone. Additionally, Lenovo K8 Note comes with TheatreMax feature that enhances the multimedia experience for the users.

15 September 2017
Wedbush Securities Inc. Raises Stake in 3M Company (MMM)
The stock traded at a volume of 1.77 million shares. 3M (NYSE:MMM) last announced its earnings results on Tuesday, July 25th. Following the completion of the transaction, the insider now owns 9,010 shares in the company, valued at $1,856,330.30.

15 September 2017
Sen. McConnell to put off vote on raising debt ceiling
Employing a fumbled football metaphor, McConnell added that Democrats had "spiked the ball in the end zone a little too early". Still, Murphy acknowledged that it is in Democrats' interest to approach high-stakes negotiations from a position of strength.

15 September 2017
Turning Attention Towards AMFIRST REAL ESTATE INVESTMENT TRUST (5120.KL)'s Technicals
Keeping a close watch on technicals and fundamentals may be a good way to start filtering through the vast sea of equities. Becoming educated about the stock market before tackling the beast might assist the individual investor in many ways.

15 September 2017
Man City 5-0 Liverpool by James Nalton at Eastlands
What a fright! It was an important win for us. "Unfortunately he's injured, but hopefully he will come back as soon as possible". Guardiola concurred with Liverpool manager Jurgen Klopp's assessment that Mane's challenge had been "accidental".

15 September 2017
No release clause for Liverpool target Timo Werner
Werner, 21, struck 21 Bundesliga goals during the 2016-17 season and already has three to his name this term. If I do not extend now, that does not mean that I switch [clubs] in the summer.



Recommended