Watch List for Specialty Stores Equities -- Research on Staples, Office Depot, PetSmart, and Sally Beauty Holdings
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LONDON, July 14, 2014 /PRNewswire/ --
On Friday, July 11, 2014, the NASDAQ Composite ended at 4,415.49, up 0.44%, the Dow Jones Industrial Average advanced 0.17%, to finish the day at 16,943.81, and the S&P 500 closed at 1,967.57, up 0.15%. The gains were broad based with eight out of ten sectors ending the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 534.54, up 0.33%, with the index advancing 7.44% in the previous three months. Investor-Edge has initiated coverage on the following equities: Staples Inc. (NASDAQ: SPLS), Office Depot Inc. (NYSE: ODP), PetSmart Inc. (NASDAQ: PETM) and Sally Beauty Holdings Inc. (NYSE: SBH). Free technical research on SPLS, ODP, PETM and SBH can be downloaded upon signing up at:
http://www.investor-edge.com/4818-register
Staples Inc.'s stock edged 0.27% lower, to close the day at $10.90. The stock recorded a trading volume of 4.53 million shares, much below its three months average volume of 10.15 million shares. The company shares oscillated between $10.85 and $10.99 during the session. Over the last three trading sessions and over the past one month, Staples Inc.'s shares have fallen by 1.76% and 0.82%, respectively. Further, the stock has lost 31.40% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Staples Inc.'s 200-day moving average of $13.45 is above its 50-day moving average of $11.64. Additionally, the stock traded at a PE ratio of 10.05 and has a Relative Strength Index (RSI) of 39.50. Sign up today to read free research on SPLS at:
http://www.investor-edge.com/4818-SPLS-14Jul2014.pdf
On Friday, shares in Office Depot Inc. recorded a trading volume of 6.95 million shares, lower than its three months average volume of 9.00 million shares. The stock ended the day at $5.19, which was 1.52% below its previous day's closing of $5.27, and registered an intraday range of $5.16 and $5.34. Although Office Depot Inc.'s stock has lost 5.46% in the previous three trading sessions and 4.77% in the last one month, it has gained 28.15% in the last three months. The company's stock is trading above its 200-day moving average of $5.02, which is below the 50-day moving average of $5.30. Furthermore, shares of Office Depot Inc. have an RSI of 39.36. Sign up today to read free research on ODP at:
http://www.investor-edge.com/4818-ODP-14Jul2014.pdf
PetSmart Inc.'s stock edged 0.14% higher to end the Friday's session at $70.45. The stock recorded a trading volume of 1.39 million shares, below its three months average volume of 2.75 million shares. The company shares fluctuated between $69.75 and $70.63 during the session. Shares of the company traded at a PE ratio of 17.22. PetSmart Inc.'s shares have fallen by 3.16% since the start of this year. However, the stock has gained 2.47% over the previous three trading sessions and 21.01% in the last one month. The stock is trading above its 50-day and 200-day moving averages. PetSmart Inc.'s 200-day moving average of $67.69 is above its 50-day moving average of $61.55. Additionally, the stock has an RSI of 74.62. Sign up today to read free research on PETM at:
http://www.investor-edge.com/4818-PETM-14Jul2014.pdf
Shares in Sally Beauty Holdings Inc. finished the session 1.22% lower at $25.13. A total of 1.68 million shares were traded, which was close to its three months average volume of 1.57 million shares. The stock vacillated between $24.91 and $25.55 during the session. Over the last three trading sessions and over the previous three months, Sally Beauty Holdings Inc.'s shares have fallen by 4.34% and 5.53%, respectively. Further, from the beginning of 2014, the company's stock has lost 16.87%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $27.14 is greater than its 50-day moving average of $25.29. Sally Beauty Holdings Inc.'s stock traded at a PE ratio of 16.52 and has an RSI of 46.35. Sign up today to read free research on SBH at:
http://www.investor-edge.com/4818-SBH-14Jul2014.pdf
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