Cabelas Inc (CAB) Shares are Up 5.86%

Cabelas Inc (CAB) : Traders are bullish on Cabelas Inc (CAB) as it has outperformed the S&P 500 by a wide margin of 12.43% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.68%, 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 5.86% in the last 1 week, and is up 11.83% 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 9.77% and the 50-Day Moving Average is 8.29%.The 200 Day SMA reached 13.2%


Cabelas Inc (NYSE:CAB): After opening at $53.7, the stock dipped to an intraday low of $53.6 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $55.07 and the buying power remained strong till the end. The stock closed at $54.93 for the day, a gain of 2.58% for the day session. The total traded volume was 1,532,282. The stocks close on the previous trading day was $54.93.

Cabelas Inc (CAB) : Average target price received by Cabelas Inc (CAB) is $51.5 with an expected standard deviation of $7.78. The most aggressive target on the stock is $59, whereas the most downbeat target is $36. 8 financial analysts are currently covering the stock.

Cabelas Incorporated is a specialty retailer and a direct marketer of hunting, fishing, camping and related outdoor merchandise. The Company operates under the following segments: Retail, Direct, Financial Services, and Corporate Overhead and Other. The Retail Business segment enables customers to access and use its retail stores, Web and social media channels, and catalogs. The Direct Business segment sells products through its e-commerce Websites and direct mail catalogs. The Financial Services Business segment provides customers with a rewards program. The Companys products include merchandise and equipment for hunting, fishing, marine use, and camping along with casual and outdoor apparel and footwear, optics, wildlife and land management products and services, vehicle accessories, and gifts and home furnishings, among others.

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