Foot Locker (FL) : Traders are bullish on Foot Locker (FL) as it has outperformed the S&P 500 by a wide margin of 3.16% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.8%, 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 0.97% in the last 1 week, and is up 2.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.22% and the 50-Day Moving Average is 6.49%.The 200 Day SMA reached 10.09%
Foot Locker (NYSE:FL): After opening at $67.24, the stock dipped to an intraday low of $66.98 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $67.865 and the buying power remained strong till the end. The stock closed at $67.72 for the day, a gain of 1.33% for the day session. The total traded volume was 1,849,988. The stocks close on the previous trading day was $67.72.
Foot Locker (FL) : The consensus price target for Foot Locker (FL) is $75.56 for the short term with a standard deviation of $4.29. The most optimist securities analyst among the 16 who monitor the stock believes that the stock can reach $80, however, the pessimist price target for the company is $67.
Foot Locker, Inc. is a retailer of shoes and apparel. The Company operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction and SIX:02, as well as the retail stores of Runners Point Group, including Runners Point and Sidestep. The Direct-to-Customers segment includes Footlocker.com, Inc. and other affiliates, including Eastbay, Inc., and the direct-to-customer subsidiary of Runners Point Group, which sell to customers through their Internet and mobile sites and catalogs. As of January 31, 2015, the Company operated 3,423 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand. As of January 31, 2015, the Company operated a total of 78 franchised stores, of which 31 are in the Middle East, 27 in Germany and Switzerland, and 20 in the Republic of Korea.