Burlington Stores (BURL) Shares are Up 10.08%

Burlington Stores (BURL) : Traders are bullish on Burlington Stores (BURL) as it has outperformed the S&P 500 by a margin of 10.03% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 9.4%, 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 10.08% in the last 1 week, and is up 17.46% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Burlington Stores (NYSE:BURL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.75 and $73.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $74.64. The buying momentum continued till the end and the stock did not give up its gains. It closed at $74.62, notching a gain of 1.21% for the day. The total traded volume was 911,800 . The stock had closed at $73.73 on the previous day.


The stock has recorded a 20-day Moving Average of 10.34% and the 50-Day Moving Average is 18.92%. Burlington Stores, Inc. is up 29.84% in the last 3-month period. Year-to-Date the stock performance stands at 73.94%.

Burlington Stores, Inc. is a retailer of branded apparel. As of January 31, 2015, the Company had 542 stores, inclusive of an Internet store, in 44 states of the United States and Puerto Rico. The Companys offerings for women include dresses, tops, bottoms, coats, shoes, suits and suit separates, handbags, intimates and sleepwear, active wear, sweaters, swimwear and cover-ups, jewelry and watches, maternity, beauty and fragrance and scrubs. The Companys offerings for men include t-shirts, suits and suit separates, coats, shoes, pants, button downs, jeans, shorts, dress shirts, polos, hoodies and sweatshirts, swim and active wear, sports fan shop, socks and underwear, pajamas and robes, grooming, gadgets and gifts, belts, wallets and sweaters. The Companys offerings for juniors include dresses, tops, bottoms, shoes, coats, sweaters, handbags, sleepwear, swimwear, beauty and fragrance, jewelry and watches.

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