Stock price performance of Ascena Retail Group, Inc. is analyzed for various periods using several stock trading signals. The stock price have dropped -17.86% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -45.03% . Looking at the past 52 week period, the stock price is down -28.7% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Ascena Retail Group, Inc. has a negative value of -44.03 compared to overall market performance. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 15.59% and the 50-Day Moving Average is 25.79%.The 200 Day SMA reached 32.78%
Ascena Retail Group, Inc. is having a Relative Strength Index of 37.4 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Ascena Retail Group, Inc. (NASDAQ:ASNA) rallied by 4.68% during the past week but lost 18% on a 4-week basis. The company has outperformed the S&P 500 by 4.56% in the past week but underperformed the index by 18.73% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Dec 12, 2016, Elliot S Jaffe (Chairman) sold 9,150 shares at 7.61 per share price.On Jun 3, 2016, Robert Giammatteo (CFO) purchased 5,000 shares at 7.18 per share price.On Apr 7, 2016, Katie J Bayne (director) purchased 4,000 shares at 10.12 per share price.
Ascena Retail Group Inc Last issued its quarterly earnings results on Dec 1, 2016. The company reported $0.18 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.20. The company had revenue of $1678.40 million for the quarter, compared to analysts expectations of $1711.39 million. The companys revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Ascena Retail Group Inc was Reiterated by RBC Capital Mkts on Jan 19, 2017 to Sector Perform, Lowers Price Target to $ 5 from a previous price target of $6 .Ascena Retail Group Inc was Initiated by Goldman to Neutral on Dec 15, 2016.
Ascena Retail Group, Inc. (NASDAQ:ASNA) : On Friday heightened volatility was witnessed in Ascena Retail Group, Inc. (NASDAQ:ASNA) which led to swings in the share price. The stock opened for trading at $4.78 and hit $5.04 on the upside , eventually ending the session at $4.92, with a gain of 3.14% or 0.15 points. The heightened volatility saw the trading volume jump to 3,061,652 shares. The 52-week high of the share price is $11.255 and the company has a market cap of $958 million. The 52-week low of the share price is at $4.44 .
Ascena Retail Group, Inc, formerly known as The Dress Barn, Inc., operates as a national specialty retailer of apparel for women and girls under the Dressbarn, Maurices and Justice brands. Its Dressbarn stores offer casual, career and special occasion fashion apparel and accessories; Maurices stores offer casual and career apparel and accessories; and Justice stores offer trend-right apparel and accessories. Ascena Retail Group, Inc. is based in Suffern, New York.