Specialty Retail Stocks on Radar -- Research on DSW Inc., Ascena Retail, RadioShack, and Conn's
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LONDON, July 1, 2014 /PRNewswire/ --
The trading session on Monday, June 30, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,826.60, down 0.15% and the NASDAQ Composite closed at 4,408.18, up 0.23%. The S&P 500 finished the day 0.04% lower at 1,960.23. During the trading session, five out of the ten sectors finished on a positive note. The S&P 500 Consumer Discretionary Sector Index finished the day at 529.43, down 0.06%, while the index has advanced 1.83% in the previous one month. Investor-Edge has initiated coverage on the following equities: DSW Inc. (NYSE: DSW), Ascena Retail Group Inc. (NASDAQ: ASNA), RadioShack Corp. (NYSE: RSH) and Conn's Inc. (NASDAQ: CONN). Free technical research on DSW, ASNA, RSH and CONN can be downloaded upon signing up at:
http://www.investor-edge.com/4377-register
On Monday, DSW Inc.'s stock edged 0.18% higher, closing the session at $27.94. A total of 1.28 million shares were traded, which was below its three months average volume of 2.35 million shares. The stock moved between $27.83 and $28.16 during the session. Shares in DSW Inc. have gained 0.79% in the previous three trading sessions and 11.54% in the last one month. However, the company's shares have declined 34.61% from the beginning of 2014. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $30.56 is below its 200-day moving average of $38.18. Further, DSW Inc.'s stock traded at a PE ratio of 15.64 and has a Relative Strength Index (RSI) of 44.18. Sign up today to read free research on DSW at:
http://www.investor-edge.com/4377-DSW-01Jul2014.pdf
Shares in Ascena Retail Group Inc. recorded a trading volume of 0.95 million shares, near its three months average volume of 1.17 million shares. On Monday, the stock finished the day at an intra-day high of $17.10, which was 1.36% higher its previous day's closing of $16.87, and registered an intraday range of $16.80 and $17.10. The company's stock traded at a PE ratio of 14.30. Shares in Ascena Retail Group Inc. have advanced 0.35% in the previous three trading sessions and 2.43% in the last one month, while the company's shares have lost 19.19% on YTD basis. Shares in Ascena Retail Group Inc. are trading above their 50-day moving average. The stock's 50-day moving average of $17.07 is below its 200-day moving average of $18.80. Furthermore, the company's stock has an RSI of 46.24. Sign up today to read free research on ASNA at:
http://www.investor-edge.com/4377-ASNA-01Jul2014.pdf
On Monday, shares in RadioShack Corp. gained 2.15%, closing the day at $0.99. The stock recorded a trading volume of 2.78 million shares, which was below its three months average volume of 3.79 million shares. The company's stock oscillated between $0.96 and $1.03 during the session. Shares in RadioShack Corp. have gained 8.89% in the previous three trading sessions, although, the shares have fallen by 33.94% in the last one month and 61.89% since the start of this year. RadioShack Corp.'s shares are trading below their 50-day and 200-day moving averages of $1.28 and $2.35, respectively. Additionally, the company's stock has an RSI of 36.88. Sign up today to read free research on RSH at:
http://www.investor-edge.com/4377-RSH-01Jul2014.pdf
Shares in Conn's Inc. fluctuated between $48.52 and $49.43 before ending Monday's session 1.23% higher at $49.39. The company's stock reported a trading volume of 0.40 million shares, which was below its three months average volume of 1.13 million shares. Shares of the company traded at a PE ratio of 17.85. Conn's Inc.'s stock has gained 1.73% in the previous three trading sessions and 5.90% in the last one month. However, the company's stock is down 37.23% on YTD basis. Conn's Inc.'s stock is trading above its 50-day moving average. The stock's 50-day moving average of $44.95 is below its 200-day moving average of $53.01. Moreover, the company's shares have an RSI of 60.09. Sign up today to read free research on CONN at:
http://www.investor-edge.com/4377-CONN-01Jul2014.pdf
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