Dillards (DDS) : Traders are bullish on Dillards (DDS) as it has outperformed the S&P 500 by a wide margin of 5.55% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.53%, 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 6.71% in the last 1 week, and is up 4.98% 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 7.72% and the 50-Day Moving Average is 0.94%.The 200 Day SMA reached 6.39%
Dillards (NYSE:DDS): After opening at $61.64, the stock dipped to an intraday low of $61.32 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $63.05 and the buying power remained strong till the end. The stock closed at $63.01 for the day, a gain of 3.24% for the day session. The total traded volume was 590,921. The stocks close on the previous trading day was $63.01.
Dillards (DDS) stock is expected to deviate a maximum of $4.8 from the average target price of $59.5 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $65 and the most muted being $55.
Dillards, Inc. is a retailer of fashion apparel, cosmetics and home furnishing. The Company operates in two segments: the operation of retail department stores and a general contracting construction company. It operate approximately 297 Dillards stores, including 20 clearance centers, and an Internet store offering a range of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods. It also offers shoes, handbags and other accessories. The Company also operates a general contracting construction company, CDI Contractors, LLC and CDI Contractors, Inc. (CDI), a portion of whose business includes constructing and remodeling stores for the Company.