Shares of J.C. Penney Company, Inc. Holding Company (JCP) saw an erosion of -0.02 points in recent session. During the trading, the value of each share was $6.63, dropping -0.3%. The shares saw high fund-flow as the composite value of all the upticks was $2.8 million and the total value of all the downticks was a mere $1.22 million. The net money flow was seen at $1.57 million and the up/down ratio was measured at 2.29. On a weekly basis the shares of the shares has recorded a change of 2.79%.The block trade which occurred today had $1.49 million in upticks and $0.23 million in downticks with the up/down ratio climbing to 6.5. $1.26 million was the net money flow of the block transaction.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
J. C. Penney Company, Inc. has lost 5.91% in the last five trading days and dropped 21.42% in the last 4 weeks. J. C. Penney Company, Inc. has dropped 23.98% during the last 3-month period . Year-to-Date the stock performance stands at -21.42%. J.C. Penney Company, Inc. Holding Company (NYSE:JCP) witnessed a decline in the market cap on Wednesday as its shares dropped 1.8% or 0.12 points. After the session commenced at $6.66, the stock reached the higher end at $6.7 while it hit a low of $6.53. With the volume soaring to 12,623,588 shares, the last trade was called at $6.53. The company has a 52-week high of $11.99. The company has a market cap of $2,013 million and there are 308,299,670 shares in outstanding. The 52-week low of the share price is $6.35.
Company has reported several Insider transactions to the SEC, on Nov 21, 2016, John Joseph Iii Tighe (EVP, Chief Merchant) sold 38,756 shares at 9.33 per share price.On Aug 25, 2016, Marvin R Ellison (CEO) purchased 50,000 shares at 9.92 per share price.On May 17, 2016, Ronald W Tysoe (director) purchased 25,000 shares at 7.24 per share price.
J C Penney Company Inc Last issued its quarterly earnings results on Nov 11, 2016. The company reported $-0.21 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $-0.20. The company had revenue of $2857.00 million for the quarter, compared to analysts expectations of $2949.78 million. The companys revenue was down -1.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.45 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.J C Penney Company Inc was Downgraded by Credit Suisse to Underperform on Jan 18, 2017. J C Penney Company Inc was Reiterated by Telsey Advisory Group on Jan 9, 2017 to Outperform, Lowers Price Target to $ 11 from a previous price target of $13 .J C Penney Company Inc was Upgraded by BofA/Merrill to Buy on Dec 2, 2016.
JCPenney is one of Americas leading retailers, operating department stores throughout the United States and Puerto Rico, as well as one of the largest apparel and home furnishing sites on the Internet, jcp.com, and the nations largest general merchandise catalog business. Through these integrated channels, JCPenney offers a wide array of national, private and exclusive brands.