Chicos FAS (NYSE:CHS) : Traders are bullish on Chicos FAS (NYSE:CHS) as it has outperformed the S&P 500 by a wide margin of 0.77% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.27%, 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 1.55% in the last 1 week, and is up 2.39% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -31.51% from its 1 Year high price. On Sep 16, 2015, the shares registered one year high at $17.09 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $10.90 and the 200 Day Moving Average price is recorded at $11.45.
The stock has recorded a 20-day Moving Average of 3.17% and the 50-Day Moving Average is 0.76%.
Chicos FAS (NYSE:CHS): stock turned positive on Friday. Though the stock opened at $10.94, the bulls momentum made the stock top out at $11.24 level for the day. The stock recorded a low of $10.83 and closed the trading day at $11.13, in the green by 2.58%. The total traded volume for the day was 2,355,647. The stock had closed at $10.85 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Noce Colaco Donna, officer (Brand President WH|BM) of Chicos Fas Inc, had unloaded 40,000 shares at an average price of $13.02 in a transaction dated on April 4, 2016. The total value of the transaction was worth $520,800.
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.