Ascena Retail Group (NASDAQ:ASNA) has climbed 3.85% in the past week and advanced 0.69% in the last 4 weeks. The company has outperformed the S&P 500 by 5.1% in the past week but underperformed the index by 0.23% in the last 4 weeks.
Ascena Retail Group (NASDAQ:ASNA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $7.02 and $7.02 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $7.51. The buying momentum continued till the end and the stock did not give up its gains. It closed at $7.28, notching a gain of 3.70% for the day. The total traded volume was 3,819,117 . The stock had closed at $7.02 on the previous day.
The company shares have dropped -56.87% from its 1 Year high price. On Jun 24, 2015, the shares registered one year high at $17.59 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $7.57 and the 200 Day Moving Average price is recorded at $8.86.
On the companys insider trading activities, Giammatteo Robert, CFO of Ascena Retail Group, Inc., executed a transaction worth $35,900 on June 2, 2016. A total of 5,000 shares were purchased at an average price of $7.18. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Currently the company Insiders own 7.8% of Ascena Retail Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 62.61% . Institutional Investors own 92.12% of Ascena Retail Group shares. During last six month period, the net percent change held by insiders has seen a change of 0.29%.
Ascena Retail Group, Inc. is a specialty retailer, which offers clothing, shoes and accessories for missy and plus-size women. The Company offers its products under the Ann Taylor, LOFT, Lane Bryant, maurices, dressbarn, Catherines and Justice brands. It operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment consists of specialty retail, outlet and e-commerce operations of Ann Taylor and LOFT brands. The Justice merchandise mix includes apparel, accessories, footwear, intimates and lifestyle products. The Lane Bryant segment offers apparel, including intimate apparel, wear-to-work and casual sportswear, accessories, select footwear and social occasion apparel. The maurices brand caters customers in ages between over 20 and 30, including core and plus-size offerings. The dressbarn brand caters female consumers in ages between approximately 30 and 50. Catherines offers apparel and accessories for wear-to-work and casual lifestyles.