Technical Scrutiny: J. C. Penney, Saks Inc., Dillard's, and Sears Hometown and Outlet Stores
LONDON, July 30, 2013 /PRNewswire/ --
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As per a report from the International Council of Shopping Centers, US retail sales receipts climbed 1.4% in the week ended July 19, 2013. The report noted that the summer clearance sales and hot weather led to a robust week in retail. Meanwhile, consumer confidence in the US rose to a six-year high, according to another report released last week. The improvement in retail sales and consumer confidence is likely to benefit department stores such as J.C. Penney Company Inc. (NYSE: JCP), Saks Inc. (NYSE: SKS), Dillard's Inc. (NYSE: DDS), and Sears Hometown and Outlet Stores Inc. (NASDAQ: SHOS). Shares in department stores ended on a mixed note on Monday, July 29, 2013, even as the broader market slipped. AAAResearchReports.com tracked JCP, SKS, DDS, and SHOS. These reports can be seen for free at:
http://www.aaaresearchreports.com/register/
Shares in J.C. Penney Co. Inc. ended slightly higher on Monday, extending their gains from previous trading sessions. The company's shares oscillated between $16.32 and $16.73 before finishing the day 0.18% higher at $16.52. A total of 4.73 million shares were traded, which is below the daily average volume of 6.42 million. J.C. Penney's shares have gained 3.77% in the last three trading sessions as compared to a loss of 0.04% in the S&P 500. Download free research on JCP by signing up now at:
http://www.AAAResearchReports.com/JCP073013.pdf
Saks Inc.'s stock rose sharply on Monday even as the broader market struggled. The company's shares ended the day 4.18% higher at $15.95 after oscillating between $15.80 and $15.95. A total of 66.77 million shares were traded, which is substantially above the daily average volume of 2.26 million. The stock has gained 16.94% in the last one month and 39.18% in the last three months as compared to a gain of 4.92% and 5.76% in the S&P 500 during the respective periods. Register for today's free analysis on SKS at:
http://www.AAAResearchReports.com/SKS073013.pdf
Shares in Dillard's Inc. edged lower on Monday, extending their losses from previous trading sessions. The company's shares fluctuated between $81.49 and $82.25 before ending the session 0.34% lower at $81.56. A total of 168,147 shares were traded which is below the daily average volume of 389,995. The stock has fallen by 1.32% in the last three months, underperforming the S&P 500 as compared to a gain of 5.76% in the S&P 500. A free report on DDS can be accessed by registering at:
http://www.AAAResearchReports.com/DDS073013.pdf
Sears Hometown and Outlet Stores Inc.'s stock moved lower on Monday, reversing some of its recent gains. The company's shares oscillated between $42.71 and $43.90 before closing the day 1.01% lower at $43.22. A total of 42,529 shares were traded, which is below the daily average volume of 203,157. The stock has fallen by 2.04% in the last three months, underperforming the S&P 500. Register with AAA Research Reports and download research on SHOS for free at:
http://www.AAAResearchReports.com/SHOS073013.pdf
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SOURCE AAA Research Reports
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