NEW YORK, September 22, 2016 /PRNewswire/ --
On Wednesday, September 21, 2016, the NASDAQ Composite ended the trading session at 5,295.18, up 1.03%; the Dow Jones Industrial Average edged 0.90% higher, to finish at 18,293.70; and the S&P 500 closed at 2,163.12, up 1.09%. The gains were broad based as all the sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Costco Wholesale Corporation (NASDAQ: COST), Burlington Stores Inc. (NYSE: BURL), Big Lots Inc. (NYSE: BIG), and Ollie's Bargain Outlet Holdings Inc. (NASDAQ: OLLI). Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration
Issaquah, Washington-based Costco Wholesale Corp.'s stock finished Wednesday's session 0.35% higher at $152.70 with a total volume of 1.53 million shares traded. Shares of Costco Wholesale, which together with its subsidiaries, operates membership warehouses, have gained 8.22% in the past one year. Shares of the Company traded at a PE ratio of 28.85. The Company's shares are trading below its 50-day and 200-day moving averages by 6.43% and 1.54%, respectively. Costco Wholesale's stock has a Relative Strength Index (RSI) of 31.66. Sign up and read the free research report on COST at: http://stock-callers.com/registration/?symbol=COST
Burlington, New Jersey-based Burlington Stores Inc.'s stock edged 0.75% higher, to close the day at $83.66. The stock recorded a trading volume of 1.14 million shares. Shares of Burlington Stores, which operates as a retailer of branded apparel products in the US, have gained 5.80% in the last one month, 31.98% in the previous three months, and 55.62% in the past one year. The company's shares are trading 7.65% and 38.74% above its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 35.63 and has an RSI of 61.54.
On August 26th, 2016, research firm MKM Partners upgraded the Company's stock rating from 'Neutral' to 'Buy'. The research firm also revised upwards its previous target price from $73 to $94. The complimentary research report on BURL can be downloaded at: http://stock-callers.com/registration/?symbol=BURL
On Wednesday, shares in Columbus, Ohio headquartered Big Lots Inc. ended the session 1.72% higher at $48.01 with a total volume of 1.06 million shares traded. Big Lots Inc.'s shares have advanced 5.28% in the past one year. The stock is trading 6.17% above its 200-day moving average. Moreover, shares of the Company, which through its subsidiaries, operates as a non-traditional, discount retailer in the US, traded at a PE ratio of 15.08 and have an RSI of 39.15. Register for free on Stock-Callers.com and access the latest report on BIG at: http://stock-callers.com/registration/?symbol=BIG
Ollie's Bargain Outlet Holdings
On Wednesday, shares in Harrisburg, Pennsylvania headquartered Ollie's Bargain Outlet Holdings Inc. recorded a trading volume of 917,047 shares, which was higher than their three months average volume of 861,380 shares. The stock ended the day 3.09% higher at $26.39. Shares of the company, which operates as a merchandise retailer of various brand name products, traded at a PE ratio of 34.01. Ollie's Bargain Outlet Holdings' stock has gained 11.35% in the previous three months and 52.81% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 0.51% and 14.12%, respectively. Furthermore, shares of Ollie's Bargain Outlet Holdings have an RSI of 53.07.
On September 1st, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $30 a share to $32 a share. Get free access to your research report on OLLI at: http://stock-callers.com/registration/?symbol=OLLI
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