Conns (CONN) : Traders are bullish on Conns (CONN) as it has outperformed the S&P 500 by a wide margin of 47.97% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 18.08%, 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 18.71% in the last 1 week, and is up 44.97% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 34.83% and the 50-Day Moving Average is 39.36%.The 200 Day SMA reached 21.78% Conns Inc. is up 20.98% in the last 3-month period. Year-to-Date the stock performance stands at -57.01%.
Conns (CONN) : The consensus price target for Conns (CONN) is $9.75 for the short term with a standard deviation of $1.77. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $11, however, the pessimist price target for the company is $9.
Company shares have received an average consensus rating of Hold for the current week Conns (NASDAQ:CONN): The stock opened at $9.58 and touched an intraday high of $10.22 on Friday. During the day, the stock corrected to an intraday low of $9.5167, however, the bulls stepped in and pushed the price higher to close in the green at $10.09 with a gain of 5.10% for the day. The total traded volume for the day was 1,528,650. The stock had closed at $10.09 in the previous trading session.
Conns, Inc. is a retailer that offers a selection of durable consumer goods and related services in addition to a credit solution for its primary credit constrained consumers. The Company operates business through its retail stores and Website. The Company operates through two segments: retail and credit. Its product offerings include furniture and mattresses, home appliances, consumer electronics and home office products. The Companys retail stores bear the Conns or Conns HomePlus name and deliver the same products and services to a common customer group. Its credit offering provides financing solutions to a population of credit constrained consumers who typically have limited banking options and have credit scores between 550 and 650.