Express (EXPR) has been under a strong bear grip, hence the stock is down -21.6% 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 1.67% in the past 1 week. The stock has risen by 2.19% in the past week indicating that the buyers are active at lower levels, but the stock is down -21.7% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 17.22% and the 50-Day Moving Average is 18.44%.The 200 Day SMA reached 29.95%. Express Inc. has dropped 20.58% during the last 3-month period . Year-to-Date the stock performance stands at -32.35%.
Express (NYSE:EXPR): The stock opened in the green at $11.74 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $11.86 and a low of $11.62 for the day. The stock did not find buyers even at the lows and closed at $11.69 recording a loss of -0.51%. 2,172,042 shares exchanged hands during the trading day. The stock had closed at $11.75 in the previous days trading.
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.