Stocks of Abercrombie & Fitch Company (NYSE:ANF) rallied by 1.23% during the past week but lost 22.28% on a 4-week basis. The company has outperformed the S&P 500 by 2.44% in the past week but underperformed the index by 22.99% in the last 4 weeks.
Abercrombie & Fitch Company (NYSE:ANF): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.65 and $18.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.30. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.98, notching a gain of 1.77% for the day. The total traded volume was 4,124,606 . The stock had closed at $18.65 on the previous day.
The company shares have dropped -15.91% from its 1 Year high price. On Mar 7, 2016, the shares registered one year high at $32.83 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $22.33 and the 200 Day Moving Average price is recorded at $26.49.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Chang Diane, officer (EVP of Sourcing) of Abercrombie & Fitch Co /De/, had unloaded 7,600 shares at an average price of $32.05 in a transaction dated on March 18, 2016. The total value of the transaction was worth $243,580.
Many analysts have stated their opinion on the company shares. Brokerage firm Deutsche Bank upgrades its rating on Abercrombie & Fitch Company (NYSE:ANF). The shares have been rated Hold. Previously, the analysts had a Sell rating on the shares. The rating by the firm was issued on June 15, 2016. Currently the company Insiders own 0.85% of Abercrombie & Fitch Company shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of -5.32%.
Abercrombie & Fitch Co. (A&F) is a retailer that operates stores and direct-to-consumer operations. The Company operates through three business segments: U.S. Stores, International Stores and Direct-to-Consumer. The U.S. Stores segment includes store operations in the United States and Puerto Rico. The International Stores segment includes store operations in Canada, Europe, Asia, Australia and the Middle East. The Direct-to-Consumer segment includes operations directly associated with on-line operations, both United States and international. A&F sells products, including casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters and outerwear; personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands. It also sells bras, underwear, personal care products, sleepwear and at-home products for girls through Hollister under the Gilly Hicks brand.