Aarons (NYSE:AAN) has been under a strong bear grip, hence the stock is down -3.25% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.79% in the past 1 week. The stock has risen by 4.11% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.69% in the past 4 weeks.
The company shares have dropped -37.68% from its 1 Year high price. On Oct 9, 2015, the shares registered one year high at $40.80 and the one year low was seen on Jan 8, 2016. The 50-Day Moving Average price is $23.35 and the 200 Day Moving Average price is recorded at $23.67.
The stock has recorded a 20-day Moving Average of 3.73% and the 50-Day Moving Average is 2.75%.
Aarons (NYSE:AAN): stock turned positive on Friday. Though the stock opened at $23.05, the bulls momentum made the stock top out at $23.58 level for the day. The stock recorded a low of $22.77 and closed the trading day at $23.3, in the green by 2.64%. The total traded volume for the day was 607,335. The stock had closed at $22.7 in the previous days trading.
In an insider trading activity, Doman Curtis Linn, director officer (CTO Progressive Leasing) of Aarons Inc, had purchased 3,000 shares on March 17, 2016. The total value of the transaction was $71,250. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Aarons, Inc. (Aarons) is a specialty retailer of furniture, consumer electronics, computers, appliances and household accessories. The Company operates through five segments: The Aarons Sales and Lease Ownership segment, which offers furniture, electronics, appliances and computers to consumers on a monthly payment basis; Progressive, which is a virtual lease-to-own company that provides lease-purchase solutions; The HomeSmart segment, which offers furniture, electronics, appliances and computers to consumers on a weekly payment basis; Franchise, which awards franchises and supports franchisees of its sales and lease ownership concept, and Manufacturing segment, which manufactures upholstered furniture and bedding for use by Company-operated and franchised stores. Its products include flat-screen televisions, computers, tablets, living room, dining room and bedroom furniture, among others. Its brands include Samsung, Frigidaire, Hewlett-Packard, LG, Maytag, RCA and JVC.