J.C. Penney Company Holding Company (JCP) : Traders are bullish on J.C. Penney Company Holding Company (JCP) as it has outperformed the S&P 500 by a wide margin of 0.57% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.48%, relative to the S&P 500. The stock has risen by 2.02% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.46% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.72% and the 50-Day Moving Average is 5.92%.The 200 Day SMA reached 14.9% J. C. Penney Company, Inc. is up 19.1% in the last 3-month period. Year-to-Date the stock performance stands at 51.65%.
J.C. Penney Company Holding Company (JCP) : 13 Wall Street analysts covering J.C. Penney Company Holding Company (JCP) believe that the average level the stock could reach for the short term is $12.27. The maximum price target given is $20 and the minimum target for short term is around $7, hence the standard deviation is calculated at $3.42.
Company shares have received an average consensus rating of Hold for the current week J.C. Penney Company Holding Company (NYSE:JCP): The stock was completely flat for the day, closing at $10.10 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $10.05, the stock touched an intraday high of $10.22 and a low of $9.95. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $10.10. The total trading volume on Friday was 15,258,111.
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.