Ascena Retail Group, Inc. (NASDAQ:ASNA) recently ticked higher on weak volume. About 3054913 contracts were traded on 30-May-19 compared to daily average volume of 3345780 shares. The first sale was made at $0.9854 but later the stock became weaker, and closed with a gain of 6.32%. It was last traded at $1.04 apiece.Ascena Retail Group, Inc. (ASNA): Hold Candidate With 75.96% Upside Potential
Ascena Retail Group, Inc. is maintained at an average hold rating by 5 stock analysts, and there are at least 36.28% of shares outstanding that are currently legally short sold. The shares went down by -12.61% in value last month. Year-to-date it plunged -58.57%. Analysts are turning out to be neutral than before, with 0 of analysts who cover Ascena Retail Group, Inc. (NASDAQ:ASNA) advice adding it to buy candidate list. Wall Street experts also assign a $1.83 price target on Ascena Retail Group, Inc., pointing towards a 75.96% rally from current levels. The stock is trading for about -80.32% less than its 52-week high.
Ascena Retail Group, Inc. (ASNA) remained unsuccessful in beating the consensus-estimated -$0.25 as it actually earned -$2.60 per share in its last reported financial results. Revenue, on the other hand, scored 7.12% growth from the previous quarter, coming up with $1.71 billion.ASNA Adds 2.97% In A Week
This company shares (ASNA) so far managed to recover 11.82% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 8.47% while widening the period to a month, volatility was 9.19%. The share price has yet to cross its 20 days moving average, floating at a distance of -14.68% and sits -10.91% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned 2.97% gains and is down by -63.18% compared with its 200-day moving average of $2.1176. Also, Ascena Retail Group, Inc. (ASNA) needs to overturn a -68.96% decrease it experienced over the past twelve months.
As regular trading ended, Movado Group, Inc. (MOV) stock brought in a -$2.2 drop to $28.51. The day started at a price of $27 but then traded as high as $29.8 before giving part of the gains back. As for this week, analysts appear content to stick with their bright outlook with the consensus call at 1.5. Movado Group, Inc. is given 1 buy-equivalent recommendations, 0 sells and 0 holds. The company shares sank -46.93% from their peak of $53.72 and now has a $463.57 million market value of equity.Movado Group, Inc. Could Grow 87.65% More
MOV’s mean recommendation on Reuter’s scale presents no change from 1.5 thirty days ago to 1.5 now, which indicates a buy consensus from the analyst community. They see Movado Group, Inc. (MOV) price hitting a mean target of $53.5 a share, meaning the stock still has potential that could lift the price another 87.65% . Also, the recent close suggests the stock is underpriced by 99.93% compared to the most bullish target.
The company had seen its current volume reaching at 1070330 shares in the last trade. That compares with the recent volume average of 345800. At the close of regular trading, its last week’s stock price volatility was 3.31% which for the month reaches 5.09%. Movado Group, Inc. dipped to as low as $26.35 throughout the day and has returned -9.84% in this year. At one point in the past year, the shares traded as low as $28.76 but has recovered -0.87% since then. [T4]