Francescas Holdings Corporation (NASDAQ:FRAN) has climbed 7.12% in the past week and advanced 2.56% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 8.41% and the outperformance has advanced to 1.62% for the last 4 weeks period.
Francescas Holdings Corporation (NASDAQ:FRAN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.58 and $10.58 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.83, notching a gain of 2.75% for the day. The total traded volume was 1,855,431 . The stock had closed at $10.54 on the previous day.
The company shares have dropped -19.84% from its 1 Year high price. On Apr 4, 2016, the shares registered one year high at $19.90 and the one year low was seen on Jun 10, 2016. The 50-Day Moving Average price is $12.30 and the 200 Day Moving Average price is recorded at $16.27.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of Francescas Holdings Corp, Kunes Richard W, had purchased 20,000 shares in a transaction dated on June 13, 2016. The transaction was executed at $10.56 per share with total amount equaling $211,200.
Many analysts have stated their opinion on the company shares. Goldman Sachs maintains its view on Francescas Holdings Corporation (NASDAQ:FRAN) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Goldman Sachs lowers the price target from $16 per share to $14 per share on Francescas Holdings Corporation. The rating by the firm was issued on June 10, 2016. Currently the company Insiders own 1.13% of Francescas Holdings Corporation shares according to the proxy statements.
Francescas Holdings Corporation is a holding company. The Companys business operations are conducted through its subsidiaries. The Company operates a national chain of retail boutiques designed and merchandised to feel like independently owned, upscale boutiques and provide its customers with an inviting shopping experience. The Company offers a mix of apparel, jewelry, accessories and gifts. The Company operates approximately 539 boutiques, which are located in 47 states throughout the United States and the District of Columbia and its direct-to-consumer Website. The Companys direct-to-consumer business consists of its www.francescas.com Website. Through its Website, its customers are able to purchase individual items, shop the latest jewelry, gift or fashion merchandise and special promotions.