Express (EXPR) has been under a strong bear grip, hence the stock is down -22.81% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.17% in the past 1 week. The stock has risen by 3.72% in the past week indicating that the buyers are active at lower levels, but the stock is down -24.37% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 3.35% and the 50-Day Moving Average is 11.77%.The 200 Day SMA reached 25.43% Express Inc. has dropped 14.33% during the last 3-month period . Year-to-Date the stock performance stands at -29.05%.
Express (EXPR) : The highest level Express (EXPR) is projected to reach is $16 for the short term and the lowest estimate is at $10. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $13.13 and the possibility the share price can swing is $1.54.
Company shares have received an average consensus rating of Hold for the current week Express (NYSE:EXPR): The stock opened at $11.95 and touched an intraday high of $12.29 on Friday. During the day, the stock corrected to an intraday low of $11.86, however, the bulls stepped in and pushed the price higher to close in the green at $12.26 with a gain of 2.51% for the day. The total traded volume for the day was 4,677,975. The stock had closed at $12.26 in the previous trading session.
Express, Inc. is a specialty apparel and accessories retailer offering both womens and mens merchandise, targeting the 20 to 30 year old customer. The Company offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeans wear and going-out occasions. The Company operates one segment, which includes the operation of its brick-and-mortar retail and outlet stores, e-commerce operations and franchise operations. The Company sells its products through its e-commerce Website, www.express.com, and has franchise agreements with franchisees that operate Express locations in Latin America, the Middle East and South Africa. The Company operates approximately 641 stores across the United States, in Canada and in Puerto Rico, including 41 factory outlet stores.