NEW YORK, April 10, 2017 /PRNewswire/ --
Stock-Callers.com has initiated reports coverage on The Gap Inc. (NYSE: GPS), American Eagle Outfitters Inc. (NYSE: AEO), Ascena Retail Group Inc. (NASDAQ: ASNA), and Nordstrom Inc. (NYSE: JWN). These Apparel Stores companies operate physical retail establishments that sell clothing and accessories. As per a report on First Research, the US Clothing Store industry includes about 100,000 stores with combined annual revenue of about $190 billion. You can access our complimentary research reports on these stocks now at:
San Francisco, California headquartered The Gap Inc.'s stock finished last Friday's session 0.08% lower at $24.03. A total volume of 5.51 million shares was traded. The Company's shares have advanced 0.54% in the past month, 3.94% over the previous three months, and 8.11% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.67% and 0.37%, respectively. Additionally, shares of Gap, which operates as an apparel retail company worldwide, have a Relative Strength Index (RSI) of 54.59.
On March 14th, 2017, Gap announced the appointment of Mark Breitbard as President and CEO of Banana Republic, a primary division of the Company. Mr. Breitbard will report to Art Peck, President and CEO of Gap, and will serve on the Company's senior leadership team. Mr. Peck will continue to directly oversee Banana Republic until Mr. Breitbard joins the Company in early May. Visit us today and download your complete report on GPS for free at:
On Friday, shares in Pittsburgh, Pennsylvania headquartered American Eagle Outfitters Inc. ended the session 2.11% higher at $13.58. The stock recorded a trading volume of 4.83 million shares, which was above its three months average volume of 4.42 million shares. The Company's shares are trading 6.50% below their 50-day moving average. Moreover, shares of American Eagle Outfitters, which operates as a specialty retailer offering on-trend clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands, have an RSI of 43.52. The complimentary research report on AEO can be accessed at:
Mahwah, New Jersey-based Ascena Retail Group Inc.'s shares gained 1.05%, closing the session at $3.84 with a total trading volume of 3.33 million shares. The stock is trading 14.79% below its 50-day moving average. Shares of the Company, which through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the US, Canada, and Puerto Rico, have an RSI of 41.97.
On March 22nd, 2017, research firm KeyBanc Capital Markets downgraded the Company's stock rating from 'Overweight' to 'Sector Weight'.
On April 05th, 2017, Ascena Foundation, a charitable organization established by Ascena Retail Group, announced that the 2017 Roslyn S. Jaffe Awards nomination enrollment is officially open. The Roslyn S. Jaffe Awards Program, which is now on its fourth year, aims to empower and provide financial support to organizations that are making a meaningful difference in the lives of women and/or children in communities across the US. Register for free on Stock-Callers.com and download the PDF research report on ASNA at:
Last Friday at the close, Seattle, Washington-based Nordstrom Inc.'s stock recorded a trading volume of 1.82 million shares, and ended the session 0.42% lower at $44.53. The Company's shares are trading above their 50-day moving average by 0.42%. Shares of the Company, which provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children in the US and Canada, has an RSI of 51.24.
On March 23rd, 2017, Nordstrom announced plans to open a Nordstrom Rack at the Nut Tree in Vacaville, California. The approximately 27,000-square-foot store is scheduled to open in fall 2017. Nordstrom Rack is the off-price retail division of Nordstrom, Inc., offering customers a wide selection of on-trend apparel, accessories, and shoes at an everyday savings of 30% to 70% off regular prices. Get free access to your research report on JWN at:
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