Express (EXPR) has risen sharply, recording gains of 3.82% in the past 4 weeks. However, the stock has corrected -0.2% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.31% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Express (NYSE:EXPR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.53 and $14.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.93, notching a gain of 3.11% for the day. The total traded volume was 1,205,672 . The stock had closed at $14.48 on the previous day.
The stock has recorded a 20-day Moving Average of 2.51% and the 50-Day Moving Average is 2.97%. Express Inc. has dropped 15.03% during the last 3-month period . Year-to-Date the stock performance stands at -13.6%.
Express (EXPR) : Average target price received by Express (EXPR) is $18.23 with an expected standard deviation of $3.27. The most aggressive target on the stock is $26, whereas the most downbeat target is $14. 11 financial analysts are currently covering the stock.
Express, Inc. is a specialty apparel and accessories retailer offering both womens and mens merchandise, targeting the 20 to 30 year old customer. The Company offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeans wear and going-out occasions. The Company operates one segment, which includes the operation of its brick-and-mortar retail and outlet stores, e-commerce operations and franchise operations. The Company sells its products through its e-commerce Website, www.express.com, and has franchise agreements with franchisees that operate Express locations in Latin America, the Middle East and South Africa. The Company operates approximately 641 stores across the United States, in Canada and in Puerto Rico, including 41 factory outlet stores.