Pier 1 Imports (PIR) : During the past 4 weeks, traders have been relatively bearish on Pier 1 Imports (PIR), hence the stock is down -10.65% 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 -0.06% relative to the S&P 500. The stock has risen by 0.44% in the past week indicating that the buyers are active at lower levels, but the stock is down -10.76% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 3.38% and the 50-Day Moving Average is 8.31%.The 200 Day SMA reached 15.15%. Pier 1 Imports, Inc. has dropped 20.93% during the last 3-month period . Year-to-Date the stock performance stands at -6.67%.
Pier 1 Imports (NYSE:PIR): After opening at $4.45, the stock dipped to an intraday low of $4.3601 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $4.63 and the buying power remained strong till the end. The stock closed at $4.56 for the day, a gain of 3.17% for the day session. The total traded volume was 1,716,577. The stocks close on the previous trading day was $4.42.
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.