Francescas Holdings Corporation (NASDAQ:FRAN) : Traders are bullish on Francescas Holdings Corporation (NASDAQ:FRAN) as it has outperformed the S&P 500 by a wide margin of 15.35% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.18%, 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 3.49% in the last 1 week, and is up 17.21% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -11.17% from its 1 Year high price. On Apr 4, 2016, the shares registered one year high at $19.90 and the one year low was seen on Jun 10, 2016. The 50-Day Moving Average price is $10.70 and the 200 Day Moving Average price is recorded at $15.79.
The stock has recorded a 20-day Moving Average of 9.67% and the 50-Day Moving Average is 2.35%.
Francescas Holdings Corporation (NASDAQ:FRAN): stock turned positive on Friday. Though the stock opened at $11.46, the bulls momentum made the stock top out at $12.085 level for the day. The stock recorded a low of $11.4 and closed the trading day at $11.85, in the green by 4.77%. The total traded volume for the day was 1,091,175. The stock had closed at $11.31 in the previous days trading.
In an insider trading activity, Hummel Laurie, officer (Chief Merchandising Officer) of Francescas Holdings Corp, had purchased 7,000 shares on June 30, 2016. The total value of the transaction was $76,790. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Francescas Holdings Corporation is a holding company. The Companys business operations are conducted through its subsidiaries. The Company operates a national chain of retail boutiques designed and merchandised to feel like independently owned, upscale boutiques and provide its customers with an inviting shopping experience. The Company offers a mix of apparel, jewelry, accessories and gifts. The Company operates approximately 539 boutiques, which are located in 47 states throughout the United States and the District of Columbia and its direct-to-consumer Website. The Companys direct-to-consumer business consists of its www.francescas.com Website. Through its Website, its customers are able to purchase individual items, shop the latest jewelry, gift or fashion merchandise and special promotions.