Ascena Retail Group (ASNA) Shares are Up 1.25%

Ascena Retail Group (ASNA) : Traders are bullish on Ascena Retail Group (ASNA) as it has outperformed the S&P 500 by a wide margin of 10.79% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.31%, 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 1.25% in the last 1 week, and is up 14.51% 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 6.75% and the 50-Day Moving Average is 10.94%. Ascena Retail Group Inc. has dropped 7.72% during the last 3-month period . Year-to-Date the stock performance stands at -17.46%.


Ascena Retail Group (NASDAQ:ASNA): stock turned positive on Friday. Though the stock opened at $8.03, the bulls momentum made the stock top out at $8.16 level for the day. The stock recorded a low of $7.865 and closed the trading day at $8.13, in the green by 1.37%. The total traded volume for the day was 1,621,501. The stock had closed at $8.02 in the previous days trading.

Ascena Retail Group, Inc. is a specialty retailer, which offers clothing, shoes and accessories for missy and plus-size women. The Company offers its products under the Ann Taylor, LOFT, Lane Bryant, maurices, dressbarn, Catherines and Justice brands. It operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment consists of specialty retail, outlet and e-commerce operations of Ann Taylor and LOFT brands. The Justice merchandise mix includes apparel, accessories, footwear, intimates and lifestyle products. The Lane Bryant segment offers apparel, including intimate apparel, wear-to-work and casual sportswear, accessories, select footwear and social occasion apparel. The maurices brand caters customers in ages between over 20 and 30, including core and plus-size offerings. The dressbarn brand caters female consumers in ages between approximately 30 and 50. Catherines offers apparel and accessories for wear-to-work and casual lifestyles.

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