Francescas Holdings Corporation (FRAN) : Traders are bullish on Francescas Holdings Corporation (FRAN) as it has outperformed the S&P 500 by a wide margin of 10.17% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.14%, 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 2.2% in the last 1 week, and is up 11.3% 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 6.45% and the 50-Day Moving Average is 15.59%. Francescas Holdings Corporation (NASDAQ:FRAN): The stock was completely flat for the day, closing at $13.49 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $13.54, the stock touched an intraday high of $13.56 and a low of $13.25. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $13.49. The total trading volume on Friday was 928,749.
The company Insiders own 1.13% of Francescas Holdings Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 92.53% . During last six month period, the net percent change held by insiders has seen a change of 92.53%. Also, Brokerage firm Goldman Sachs maintains its rating on Francescas Holdings Corporation (NASDAQ:FRAN). As per the latest information, the brokerage house lowers the price target to $14 per share from a prior target of $16. The shares have been rated Neutral. The rating by the firm was issued on June 10, 2016.
Francescas Holdings Corporation is a holding company. The Companys business operations are conducted through its subsidiaries. The Company operates a national chain of retail boutiques designed and merchandised to feel like independently owned, upscale boutiques and provide its customers with an inviting shopping experience. The Company offers a mix of apparel, jewelry, accessories and gifts. The Company operates approximately 539 boutiques, which are located in 47 states throughout the United States and the District of Columbia and its direct-to-consumer Website. The Companys direct-to-consumer business consists of its www.francescas.com Website. Through its Website, its customers are able to purchase individual items, shop the latest jewelry, gift or fashion merchandise and special promotions.