Express (EXPR) has risen sharply, recording gains of 0.86% in the past 4 weeks. However, the stock has corrected -2.24% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.4% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.3% and the 50-Day Moving Average is 11.8%.The 200 Day SMA reached 27.11%
Express (NYSE:EXPR): After opening at $11.73, the stock dipped to an intraday low of $11.68 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $11.88 and the buying power remained strong till the end. The stock closed at $11.79 for the day, a gain of 1.20% for the day session. The total traded volume was 1,612,995. The stocks close on the previous trading day was $11.79.
Express (EXPR) has been rated by 12 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $16 and the lowest price target forecast is $10. The average forecast of all the analysts is $13.13 and the expected standard deviation is $1.54.
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.