J.C. Penney Company Holding Company (JCP) has risen sharply, recording gains of 2.38% in the past 4 weeks. However, the stock has corrected -3.51% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.6% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.4% and the fifty day Moving Average is 7.29%. J. C. Penney Company, Inc. is up 25.83% in the last three month period. Year-to-Date the stock performance stands at 48.5%.
J.C. Penney Company Holding Company (JCP) has been rated by 13 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $20 and the lowest price target forecast is $7. The average forecast of all the analysts is $12.27 and the expected standard deviation is $3.42.
J.C. Penney Company Holding Company (NYSE:JCP): On Fridays trading session , Opening price of the stock was $10.02 with an intraday high of $10.14. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $9.85. However, the stock managed to close at $9.89, a loss of 0.80% for the day. On the previous day, the stock had closed at $9.97. The total traded volume of the day was 10,419,793 shares.
J. C. Penney Company, Inc. (JCPenney) is a holding company. The Companys operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Companys business consists of selling merchandise and services to consumers through its department stores and Website at jcpenney.com, which utilizes applications for desktop, mobile and tablet devices. The Companys online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers warehouses and by in store customer pick up. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney and home furnishings. The Companys department stores provide its customers with services, such as styling salon, optical, portrait photography and custom decorating.