NEW YORK, November 2, 2016 /PRNewswire/ --
Demand in the Discount and Variety Stores space is greatly influenced by the buying habits and capacity of consumers, particularly the low- and mid-income groups. Company profits, on the other hand, rely on pricing, location, and competitiveness. This morning, Stock-Callers.com has issued research reports on the following equities to see how they have fared over the last few trading sessions: Costco Wholesale Corp. (NASDAQ: COST), Big Lots Inc. (NYSE: BIG), Burlington Stores Inc. (NYSE: BURL), and Ollie's Bargain Outlet Holdings Inc. (NASDAQ: OLLI). Learn more about these stocks by downloading their comprehensive and free reports at:
At the close on Tuesday, shares in Issaquah, Washington-based Costco Wholesale Corp. saw a slight decline of 0.82%, ending the day at $146.66 with a total trading volume of 2.11 million shares. The stock is trading below its 50-day moving average by 4.46%. Shares of the Company, which together with its subsidiaries, operates membership warehouses, have a Relative Strength Index (RSI) of 34.02.
On October 12th, 2016, Costco announced that its Board of Directors has declared a quarterly cash dividend on Costco's common stock of $.45 per share. The quarterly dividend is payable on November 18th, 2016, to shareholders of record at the close of business on November 4th, 2016.
On October 19th, 2016, research firm Northcoast upgraded the Company's stock rating from 'Neutral' to 'Buy'. COST complete research report is just a click away and free at:
Shares in Columbus, Ohio headquartered Big Lots Inc. ended the day 1.22% lower at $42.87. A total volume of 1.11 million shares was traded, which was above their three months average volume of 1.06 million shares. Since the start of this year, the stock has gained 12.69%. The Company's shares are trading below their 200-day moving average by 7.54%. Furthermore, shares of Big Lots, which through its subsidiaries, operates as a non-traditional, discount retailer in the US, have an RSI of 30.58. The complimentary report on BIG can be downloaded at:
On Tuesday, shares in New Jersey-based Burlington Stores Inc. finished 1.23% lower at $74.02. A total volume of 2.12 million shares was traded, which was above their three months average volume of 1.04 million shares. The stock has advanced 72.54% on an YTD basis. The Company's shares are trading above their 200-day moving average by 13.34%. Additionally, shares of Burlington Stores, which operates as a retailer of branded apparel products in the US, have an RSI of 31.13. Sign up for your complimentary research report on BURL at:
Ollie's Bargain Outlet
Harrisburg, Pennsylvania headquartered Ollie's Bargain Outlet Holdings Inc.'s shares recorded a trading volume of 425,147 shares at the end of yesterday's session, and closed the day at $26.55, declining 2.93%. The stock has advanced 0.87% in the last one month, 0.72% in the previous three months, and 56.08% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 0.10% and 8.33%, respectively. Additionally, shares of Ollie's Bargain Outlet, which operates as a merchandise retailer of various brand name products, have an RSI of 45.26.
On October 14th, 2016, research firm MKM Partners initiated a 'Buy' rating on the Company's stock, issuing a target price of $33 per share.
On October 24th, 2016, Ollie's Bargain Outlet announced that it has $100 million available to purchase delayed or cancelled merchandise from manufacturers, distributors, retailers, and others affected by the bankruptcy of an ocean freight carrier. The company stated that containers of imported cargo from around the globe have been delayed or stalled after a large import shipping company filed for bankruptcy protection. Get free access to your research report on OLLI at:
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