DSW (DSW) has risen sharply, recording gains of 0.67% in the past 4 weeks. However, the stock has corrected -0.08% in the past 1 week, providing a good buying opportunity on dips. DSW (DSW) : During the past 4 weeks, traders have been relatively bearish on DSW (DSW), hence the stock is down -0.35% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.14% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 0.73% and the 50-Day Moving Average is 7.57%. DSW (NYSE:DSW): stock turned positive on Friday. Though the stock opened at $23.79, the bulls momentum made the stock top out at $24.06 level for the day. The stock recorded a low of $23.6801 and closed the trading day at $23.9, in the green by 0.55%. The total traded volume for the day was 1,127,325. The stock had closed at $23.77 in the previous days trading.
The company Insiders own 20.3% of DSW shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 145.68% . Institutional Investors own 83.41% of DSW shares. During last six month period, the net percent change held by insiders has seen a change of 145.68%. Also, Deutsche Bank maintains their rating on the shares of DSW (NYSE:DSW). The current rating of the shares is Hold. Equity Analysts at the Firm raises the price target to $23 per share from $22 per share. The rating by the firm was issued on July 15, 2016.
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.