J.C. Penney Company Holding Company (JCP) : On Wednesday, The money flowed into the J.C. Penney Company Holding Company (JCP) stock with an uptick to downtick ratio was recorded at 1.13. Transactions worth $18.55 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $16.44 million. The total money flow into the stock was $2.11 million. The block trades reveal a bullish bias with an up-down ratio of 1.16. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $4.55 million of block transactions on upticks. The value of block trades on downticks was $3.94 million, indicating lower selling interest. The total money flow in block trades was $0.62 million. In terms of price action, J.C. Penney Company Holding Company (JCP) traded down $0.05 during the session at $9.51. Compared to the previous days closing, the stock was down only by -0.47%. For the week, the stock is -2.81%, over previous weeks closing.
J. C. Penney Company, Inc. has lost 4.5% in the last five trading days and dropped 2.65% in the last 4 weeks. J. C. Penney Company, Inc. is up 7.55% in the last 3-month period. Year-to-Date the stock performance stands at 43.39%.
J.C. Penney Company Holding Company (JCP) : Zacks Investment Research ranks J.C. Penney Company Holding Company (JCP) as 2, which is a Buy recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2.47, which indicates as a Buy.
J.C. Penney Company Holding Company (NYSE:JCP): The stock was completely flat for the day, closing at $9.55 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $9.52, the stock touched an intraday high of $9.67 and a low of $9.34. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $9.55. The total trading volume on Wednesday was 12,113,803.
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.