Pier 1 Imports (PIR) Shares are Down -0.2%

Pier 1 Imports (PIR) : During the past 4 weeks, traders have been relatively bearish on Pier 1 Imports (PIR), hence the stock is down -2.81% 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 -0.62% relative to the S&P 500. The 4-week change in the price of the stock is -0.39% and the stock has fallen -0.2% in the past 1 week.

Pier 1 Imports (NYSE:PIR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.92 and $4.92 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.13. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.11, notching a gain of 3.44% for the day. The total traded volume was 1,503,740 . The stock had closed at $4.94 on the previous day.

The stock has recorded a 20-day Moving Average of 1.13% and the 50-Day Moving Average is 3.22%. Pier 1 Imports, Inc. has dropped 15.72% during the last 3-month period . Year-to-Date the stock performance stands at 4.58%.

Pier 1 Imports (PIR) : The highest level Pier 1 Imports (PIR) is projected to reach is $12 for the short term and the lowest estimate is at $4. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $5.99 and the possibility the share price can swing is $2.43.


Pier 1 Imports, Inc. is a global importer of home decor and furniture. The Companys operations consist of retail stores and an e-commerce Website conducting business under the name Pier 1 Imports, which sells a range of furniture, home furnishings, dining and kitchen goods, candles, gifts and other specialty items for the home. The Company operates approximately 984 stores in the United States, 81 stores in Canada and an e-commerce Website. Its stores in the United States and Canada average approximately 9,900 gross square feet, which includes an average of approximately 7,900 square feet of retail selling space. The stores are located in freestanding units near shopping centers or malls and in-line positions in shopping centers. It operates in all United States and Canadian metropolitan areas and in primary smaller markets. The Companys categories of merchandise include decorative accessories and furniture.

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