lululemon athletica (LULU) : During the past 4 weeks, traders have been relatively bearish on lululemon athletica (LULU), hence the stock is down -1.05% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.23% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.19% in the last 1 week, and is up 1.41% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
lululemon athletica (NASDAQ:LULU): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $78.05 and $77.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $78.40. The buying momentum continued till the end and the stock did not give up its gains. It closed at $77.80, notching a gain of 0.50% for the day. The total traded volume was 889,509 . The stock had closed at $77.41 on the previous day.
The stock has recorded a 20-day Moving Average of 0.81% and the 50-Day Moving Average is 6.76%. Lululemon Athletica Inc. is up 23.87% in the last 3-month period. Year-to-Date the stock performance stands at 48.28%.
lululemon athletica (LULU) : The consensus price target for lululemon athletica (LULU) is $72.64 for the short term with a standard deviation of $12.58. The most optimist securities analyst among the 22 who monitor the stock believes that the stock can reach $85, however, the pessimist price target for the company is $40.
lululemon athletica inc. is a designer and retailer of technical athletic apparel. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, general fitness and dance-inspired apparel for female youth. The Company conducts its business through two channels: corporate-owned stores and direct to consumer. The Company markets its athletic apparel under the lululemon athletica and ivivva athletica brand names. As of February 1, 2015, the Companys retail footprint included 211 stores in the United States, 57 stores in Canada, 26 stores in Australia, five in New Zealand, two in the United Kingdom and one in Singapore. The Companys retail stores are located primarily on street locations, in lifestyle centers and in malls.