Consumer Discretionary Stocks under Review -- Research on Bed Bath & Beyond, Pier 1 Imports, Restoration Hardware Holdings, and Williams-Sonoma
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LONDON, May 15, 2014 /PRNewswire/ --
On Wednesday, May 14, 2014, the NASDAQ Composite ended at 4,100.63, down 0.72%, the Dow Jones Industrial Average finished the session at 16,613.97, down 0.61% and the S&P 500 closed at 1,888.53, down 0.47%. During the trading session, five out of ten sectors finished on a lower note. The S&P 500 Consumer Discretionary Sector Index ended the day at 505.16, down 1.06%, while the index has gained 1.53% in the previous one month. Investor-Edge has initiated coverage on the following equities: Bed Bath & Beyond Inc. (NASDAQ: BBBY), Pier 1 Imports Inc. (NYSE: PIR), Restoration Hardware Holdings Inc. (NYSE: RH) and Williams-Sonoma Inc. (NYSE: WSM). Free technical research on BBBY, PIR, RH and WSM can be downloaded upon signing up at:
http://www.investor-edge.com/2591-register
On Wednesday, shares in Bed Bath & Beyond Inc. fluctuated between $62.14 and $62.68 before ending the session 0.18% higher at $62.42. The company's stock reported a trading volume of 4.17 million shares, above its three months average volume of 2.84 million shares. Over the last one month and on YTD basis, shares in Bed Bath & Beyond Inc. have fallen by 3.07% and 22.27%, respectively. However, the company's stock has advanced 1.81% in the previous three trading sessions. The company's shares are trading below their 50-day and 200-day moving averages. Bed Bath & Beyond Inc.'s 50-day moving average of $65.78 is below its 200-day moving average of $71.85. Furthermore, the company's stock traded at a PE ratio of 12.98 and has a Relative Strength Index (RSI) of 41.28. Sign up today to read free research on BBBY at:
http://www.investor-edge.com/2591-BBBY-15May2014.pdf
On Wednesday, Pier 1 Imports Inc.'s stock recorded a trading volume of 1.21 million shares, below its three months average volume of 1.78 million shares. The stock ended the day at an intra-day low of $17.85, which was 3.09% lower its previous day's closing of $18.42, and registered an intraday range of $17.85 and $18.46. The company's stock traded at a PE ratio of 17.00. Shares in Pier 1 Imports Inc. have gained 0.34% in the last one month, while they have declined 0.78% in the previous three trading sessions and 22.66% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $18.56 and $20.50, respectively. Further, shares of the company have an RSI of 53.33. Sign up today to read free research on PIR at:
http://www.investor-edge.com/2591-PIR-15May2014.pdf
Shares in Restoration Hardware Holdings Inc. fell by 1.93% on Wednesday, closing the day at $63.01. The stock recorded a trading volume of 0.32 million shares, which was below its three months average volume of 0.94 million shares. The stock oscillated between $62.76 and $64.61 during the session. Over the last one month and from the beginning of 2014, shares in Restoration Hardware Holdings Inc. have lost 3.26% and 6.37%, respectively. However, the stock has advanced 1.61% in the previous three trading sessions. The company's shares are trading below their 50-day and 200-day moving averages of $65.31 and $66.06, respectively. Additionally, the company's stock has an RSI of 51.40. Sign up today to read free research on RH at:
http://www.investor-edge.com/2591-RH-15May2014.pdf
Shares in Williams-Sonoma Inc. finished Wednesday's trading session 0.82% lower at $63.83. A total of 0.89 million shares were traded, which was below to its three months average volume of 1.07 million shares. The stock moved between $63.48 and $64.36 during the session. Williams-Sonoma Inc.'s stock has advanced 0.63% in the previous three trading sessions, 2.32% in the last one month and 9.52% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages of $63.47 and $58.17, respectively. Moreover, the company's stock traded at a PE ratio of 22.32 and has an RSI of 59.72. Sign up today to read free research on WSM at:
http://www.investor-edge.com/2591-WSM-15May2014.pdf
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