Shares of Conns (CONN) Drops by -0.14%

Conns (CONN) : During the past 4 weeks, traders have been relatively bearish on Conns (CONN), hence the stock is down -16.83% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.61% relative to the S&P 500. The 4-week change in the price of the stock is -13.19% and the stock has fallen -0.14% in the past 1 week. The stock has recorded a 20-day Moving Average of 4.89% and the 50-Day Moving Average is 21.53%.

Conns (NASDAQ:CONN): The stock opened at $7.48 on Friday but the bulls could not build on the opening and the stock topped out at $7.51 for the day. The stock traded down to $7.22 during the day, due to lack of any buying support eventually closed down at $7.24 with a loss of -2.43% for the day. The stock had closed at $7.42 on the previous day. The total traded volume was 1,348,333 shares.


The company Insiders own 3.6% of Conns shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 97.78% . Institutional Investors own 77.54% of Conns shares. During last six month period, the net percent change held by insiders has seen a change of 97.78%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the Director of CONNS INC, Saunders William E Jr had purchased shares worth of $76,000 in a transaction dated on June 24, 2016. A total of 10,000 shares were purchased at a price of $7.6 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Conns, Inc. is a retailer that offers a selection of durable consumer goods and related services in addition to a credit solution for its primary credit constrained consumers. The Company operates business through its retail stores and Website. The Company operates through two segments: retail and credit. Its product offerings include furniture and mattresses, home appliances, consumer electronics and home office products. The Companys retail stores bear the Conns or Conns HomePlus name and deliver the same products and services to a common customer group. Its credit offering provides financing solutions to a population of credit constrained consumers who typically have limited banking options and have credit scores between 550 and 650.

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