Express (EXPR) : $4.91 million worth of transactions were on upticks in Express (EXPR), compared to $3.34 million on downticks. The ratio between the two was 1.47, whereas, the net money flow stood at a healthy $1.57 million on Fridays session.The block trades show a bullish bias with only $0.56 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $2.42million worth of trades. The up-down ratio between the uptick and downtick was 4.3, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $1.85 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.43%. The stock was trading at $11.7, with a drop of $0.05 over the previous days close. The stock recorded 2.27% for the week.
The company Insiders own 6.2% of Express shares according to the proxy statements. Institutional Investors own 99.33% of Express shares. During last six month period, the net percent change held by insiders has seen a change of -3.56%.
In a related news, The Securities and Exchange Commission has divulged that Rafferty John J, officer (EVP – Planning and Allocation) of Express, Inc., had unloaded 10,000 shares at an average price of $20 in a transaction dated on April 13, 2016. The total value of the transaction was worth $200,000.
Express (NYSE:EXPR): stock was range-bound between the intraday low of $11.62 and the intraday high of $11.86 after having opened at $11.74 on Fridays session. The stock finally closed in the red at $11.74, a loss of -0.51%. The stock remained in the red for the whole trading day. The total traded volume was 2,172,042 shares. The stock failed to cross $11.86 in Fridays trading. The stocks closing price on Thursday was $11.75.
Express (EXPR) has been under a strong bear grip, hence the stock is down -21.6% 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 1.67% in the past 1 week. The stock has risen by 2.19% in the past week indicating that the buyers are active at lower levels, but the stock is down -21.7% in the past 4 weeks.
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.