Chicos FAS (CHS) Shares are Up 2.15%

Chicos FAS (CHS) : Traders are bullish on Chicos FAS (CHS) as it has outperformed the S&P 500 by a wide margin of 2.11% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.19%, 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 2.15% in the last 1 week, and is up 2.51% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Chicos FAS Inc. is up 7.7% in the last 3-month period. Year-to-Date the stock performance stands at 12.64%. The stock has recorded a 20-day Moving Average of 2.03% and the 50-Day Moving Average is 5.09%.


Chicos FAS (NYSE:CHS): The stock was completely flat for the day, closing at $11.86 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $11.85, the stock touched an intraday high of $11.93 and a low of $11.73. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $11.86. The total trading volume on Friday was 1,115,273.

Also, Citigroup maintains its rating on Chicos FAS (NYSE:CHS). The global brokerage major lowers the current price target from $13 per share to $11 per share. Analysts at the Citigroup have a current rating of Neutral on the shares. The rating by the firm was issued on May 27, 2016.

Chicos FAS, Inc. is a specialty retailer of womens private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items operating under the Chicos, White House/Black Market (WH/BM), Soma Intimates (Soma) and Boston Proper brand names. The Chicos brand sells designed, private branded clothing focusing on women 40 and over. The WHBM brand offers feminine and alternative to designer fashion selling fashionable and clothing and accessory items, primarily in black and white and related shades with seasonal color splashes. The Soma brand sells designed private branded lingerie, loungewear and beauty products women who are 35 years old and over. The Boston Proper brand sells womens apparel and accessories, marketed to affluent women between 35-55 years old.

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