Conns (CONN) has risen sharply, recording gains of 50.88% in the past 4 weeks. However, the stock has corrected -9.79% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 51.69% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 8.83% and the 50-Day Moving Average is 29.84%.The 200 Day SMA reached 15.08%
Conns (NASDAQ:CONN): After opening at $10.07, the stock dipped to an intraday low of $10.07 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $10.66 and the buying power remained strong till the end. The stock closed at $10.32 for the day, a gain of 2.48% for the day session. The total traded volume was 815,652. The stocks close on the previous trading day was $10.32.
Conns (CONN) : 3 Wall Street analysts covering Conns (CONN) believe that the average level the stock could reach for the short term is $11.83. The maximum price target given is $16 and the minimum target for short term is around $9, hence the standard deviation is calculated at $3.82.
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.