Express (EXPR) : Traders are bullish on Express (EXPR) as it has outperformed the S&P 500 by a wide margin of 3.11% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.15%, 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 0.2% in the last 1 week, and is up 4.18% 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 1.96% and the 50-Day Moving Average is 2.95%. Express (NYSE:EXPR): On Fridays trading session , Opening price of the stock was $15.1 with an intraday high of $15.19. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $14.835. However, the stock managed to close at $14.96, a loss of 0.93% for the day. On the previous day, the stock had closed at $15.1. The total traded volume of the day was 1,219,332 shares.
The company Insiders own 6.2% of Express shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of -4.21%.
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.