The opening price for J. C. Penney Company, Inc. (NYSE:JCP) was $1.03 and the volume amounted to 3546377 shares which compares with the average volume of 9726380 shares. The company stock experienced a 2.91% move to arrive at $1.06.

J. C. Penney Company, Inc. (JCP) Analyst Opinion

J. C. Penney Company, Inc. is currently rated as hold by 14 stock analysts, with the company still having around 39.47% shares outstanding that can be sold short legally. The value of their shares went down by -11.67% last month. Over the course of a year, the stock has grown by 1.92%. Financial analysts are becoming more bearish than ever, with the 0 analysts who cover the activities of JCP advising investors to buy. Experts on Wall Street have set a price target of $1.42 for the stock. The decision was arrived after looking at their 33.96% gain from current levels. At the moment, J. C. Penney Company, Inc. (JCP) trading price is around -66.46% below its 52-week high.

J. C. Penney Company, Inc. Earnings Surprise

J. C. Penney Company, Inc. (JCP) was unsuccessful in overcoming the expected -$0.38 as the stock recorded an earnings of -$0.46 a piece during their last financial report presentation. Revenue, meanwhile, had a distance of -32.5% from the previous quarter, with the company recording $2.56 billion in revenue.

J. C. Penney Company, Inc. (NYSE:JCP) Intraday View

The shares of J. C. Penney Company, Inc. (NYSE:JCP) have struggled and recovered 32.5% ever since it recorded its 52 week low. During the course of 5 days, the stock price volatility has remained at 6.31%, increasing the time frame to a month, the volatility recorded was 7.77%. The price of their shares has been successful in staying above its 20 day-moving average, staying at a distance of 4.24% and while its 50-day moving average is around -11.74%. In a look at the previous five trading session JCP stock has returned 3.92% and sank -24.75% when compared to its 200-day moving average that is $1.3061. J. C. Penney Company, Inc. (JCP) will look to overcome its -64.07% fall that it witnessed in the past year.

As the normal trading session ended, the stock of Safe Bulkers, Inc. (NYSE:SB), fetched in a $-0.05 retreat to $1.38. The session began with the stock price at $1.42, hitting a high of $1.42 before down again. For the week, analysts seem to be okay with their neutral with the consensus call staying at 2.4. Safe Bulkers, Inc. gets 2 buy analyst recommendations while 1 recommend a hold and 1 rated it as a sell. The shares of the company tumbled -64.62% from its high $3.9, with their overall market value now roughly $133.18 million.

Safe Bulkers, Inc. (SB) Consensus Price Target

The mean recommendation of SB on Reuter’s scale dropped from 2.43 to 2.4 within 30 days. This figure implies that the majority of analysts rate it as a hold. The price target for Safe Bulkers, Inc. (NYSE:SB) is now around $2.44 a share, implying the stock has what it takes to grow by 76.81%. The recent trading session also indicated the stock needs to add 117.39% more meet analysts’ high consensus price target.

Safe Bulkers, Inc. (NYSE:SB) Intraday Trading

The current trading volume of the company was 343231 shares during the last session. That compares with the recent average volume of 229360 shares. By the end of the regular trading session, the price volatility over a 1-week span was 5.97 % while over a month it stood at 6.09%. The stock price of SB dropped to $1.36 during the day and at a certain time in 12 months it traded as low as $1.28. It has made a 7.81% recovery since its 52-week low point and has returned -22.47% year-to-date. [T3]