Pre-Market Technical Recap on Specialty Retail Stocks -- eBay, Etsy, HSN Inc., and Office Depot
NEW YORK, September 14, 2017 /PRNewswire/ --
If you want a Stock Review on EBAY, ETSY, HSNI, or ODP then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. During the second-quarter reporting cycle, the earnings picture for the Retail sector is among the weakest, with results tracking below past quarters and leading to 0.5% negative price performance for the broad sector, as per a report from Zacks. For today, DailyStockTracker.com highlights the performance of select Specialty Retail stocks, particularly: eBay Inc. (NASDAQ: EBAY), Etsy Inc. (NASDAQ: ETSY), HSN Inc. (NASDAQ: HSNI), and Office Depot Inc. (NASDAQ: ODP). Daily Stock Tracker provides great insights on these stocks in its free research reports at:
http://dailystocktracker.com/register/
eBay
San Jose, California headquartered eBay Inc.'s shares rose 0.24%, finishing Wednesday's trading session at $38.27. A total volume of 5.62 million shares was traded. In the last month and the previous three months, the stock has advanced 8.72% and 10.93%, respectively. Additionally, the Company's shares have gained 28.90% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.69% and 14.31%, respectively. Moreover, shares of eBay, which operates commerce platforms that connect various buyers and sellers worldwide, have a Relative Strength Index (RSI) of 70.65.
On August 16th, 2017, research firm SunTrust initiated a 'Hold' rating on the Company's stock, with a target price of $38 per share.
On September 01st, 2017, eBay announced that a new survey from the Company, which examined how people in the UK shop to express their personality and passions, found that nearly a quarter is prompted to refresh their personal style by travels or a break ahead of other key events like a new relationship or a new job. 75% of the 1,500 UK adults surveyed this summer are prepared to throw caution to the wind and consider themselves to be adventurous, impulsive shoppers. Free research report on EBAY is available at:
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Etsy
On Wednesday, shares in Brooklyn, New York headquartered Etsy Inc. recorded a trading volume of 1.27 million shares, and ended the session 0.96% higher at $17.79. The stock has gained 9.88% in the last one month, 31.10% over the previous three months, and 51.02% on an YTD basis. The Company's shares are trading 15.38% above their 50-day moving average and 37.48% above their 200-day moving average. Furthermore, shares of Etsy, which operates as a commerce platform to make, sell, and buy goods online and offline worldwide, have an RSI of 77.66.
On September 07th, 2017, research firm DA Davidson initiated a 'Buy' rating on the Company's stock, with a target price of $18 per share. The complimentary research report on ETSY can be downloaded at:
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HSN Inc.
Shares in St. Petersburg, Florida headquartered HSN Inc. closed at $38.20, slightly down 0.13% from the last trading session. The stock recorded a trading volume of 584,255 shares. The Company's shares have gained 1.60% in the last one month, 19.19% over the previous three months, and 11.37% since the start of this year. The stock is trading 1.41% and 6.25% above its 50-day and 200-day moving averages, respectively. Additionally, shares of HSN Inc., which operates as an interactive multi-channel retailer in the US, have an RSI of 57.23. Visit DailyStockTracker.com today and access our complete research report on HSNI at:
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Office Depot
Boca Raton, Florida headquartered Office Depot Inc.'s stock ended 1.77% higher at $4.59 with a total trading volume of 5.83 million shares. The Company's shares have advanced 6.00% in the last one month and 1.55% on an YTD basis. The stock is trading below its 200-day moving average by 6.20%. Furthermore, shares of Office Depot, which together with its subsidiaries, supplies office products and services in North America, have an RSI of 52.01.
On August 28th, 2017, Office Depot announced that it is expanding its Strategic Partnerships Program. The program, which initially started in Connecticut, has gradually expanded across the Northeast, Southeast, and West Coast of the US. Over the past year, the program has benefited school districts, superintendents, and school leaders through strategic design, organizational alignment, and optimization of resources.
On September 05th, 2017, research firm Bank of America/ Merrill resumed its 'Buy' rating on the Company's stock, with a target price of $6 per share. Get free access to your research report on ODP at:
http://dailystocktracker.com/registration/?symbol=ODP
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