Pier 1 Imports (PIR) has been under a strong bear grip, hence the stock is down -9.28% 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 4.56% in the past 1 week. The stock has risen by 4.49% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.23% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.41% and the 50-Day Moving Average is 3.78%. Pier 1 Imports, Inc. has dropped 24.62% during the last 3-month period . Year-to-Date the stock performance stands at 4.79%.
Pier 1 Imports (NYSE:PIR): stock turned positive on Friday. Though the stock opened at $5.04, the bulls momentum made the stock top out at $5.14 level for the day. The stock recorded a low of $4.98 and closed the trading day at $5.12, in the green by 1.39%. The total traded volume for the day was 1,325,164. The stock had closed at $5.05 in the previous days trading.
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.