DSW (NYSE:DSW) : Traders are bullish on DSW (NYSE:DSW) as it has outperformed the S&P 500 by a wide margin of 7.45% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.7%, 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 5.03% in the last 1 week, and is up 9.18% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -36.11% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $35.20 and the one year low was seen on May 24, 2016. The 50-Day Moving Average price is $20.88 and the 200 Day Moving Average price is recorded at $23.91.
The stock has recorded a 20-day Moving Average of 7.68% and the 50-Day Moving Average is 3.76%.
DSW (NYSE:DSW): stock turned positive on Friday. Though the stock opened at $21.89, the bulls momentum made the stock top out at $22.5 level for the day. The stock recorded a low of $21.88 and closed the trading day at $22.36, in the green by 3.33%. The total traded volume for the day was 2,336,385. The stock had closed at $21.64 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of Dsw Inc., Rawlins Roger, had purchased 12,249 shares in a transaction dated on May 26, 2016. The transaction was executed at $20.49 per share with total amount equaling $250,982.
DSW Inc. is a footwear and accessories retailer. The Company offers assortment of shoes, handbags and accessories for women and men. The Company operates through two segments: the DSW segment and the Affiliated Business Group (ABG) segment. Its DSW segment includes DSW stores and dsw.com. The Company separates DSW merchandise into four primary categories: womens footwear; mens footwear; athletic footwear; and accessories and other. The ABG segment partners with four other retailers to help build and optimize their footwear businesses. As of January 31, 2015, the Company operated 431 DSW stores in 42 states, the District of Columbia and Puerto Rico. DSW stores average approximately 21,500 square feet and carry approximately 22,000 pairs of shoes. The Company also offers DSW Rewards, through which members earn points towards certificates every time they purchase.