Restoration Hardware Holdings (RH) has been under a strong bear grip, hence the stock is down -0.64% 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 1.35% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.28% in the last 1 week, and is up 2.7% 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 4.07% and the 50-Day Moving Average is 3.29%. Restoration Hardware Holdings, Inc. has dropped 28.8% during the last 3-month period . Year-to-Date the stock performance stands at -61.22%.
Restoration Hardware Holdings (NYSE:RH): stock turned positive on Friday. Though the stock opened at $29.83, the bulls momentum made the stock top out at $30.92 level for the day. The stock recorded a low of $29.587 and closed the trading day at $30.81, in the green by 3.25%. The total traded volume for the day was 1,626,838. The stock had closed at $29.84 in the previous days trading.
Restoration Hardware Holdings, Inc. (RH) is a holding company. The Company, together with its subsidiaries, is a luxury home furnishings retailer that offers various categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware and childrens furnishings. These products are sold through the Companys stores, catalogs and Websites. The Company operated a total of approximately 67 retail stores and over 17 outlet stores in approximately 29 states, the District of Columbia and Canada, and had sourcing operations in Shanghai and Hong Kong. The Companys retail stores are located primarily in upscale malls and street locations. The Company operates stores in Alabama, Arizona, California, Colorado, Connecticut, Florida, Massachusetts, Michigan, New York, Pennsylvania, Texas, Tennessee and British Columbia, among others. Its Websites, www.restorationhardware.com and www.rh.com, provide its customers to purchase its merchandise online.