Urban Outfitters (URBN) : Traders are bullish on Urban Outfitters (URBN) as it has outperformed the S&P 500 by a wide margin of 3.95% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.61%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.54% in the last 1 week, and is up 7.44% 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 2.65% and the 50-Day Moving Average is 6.59%. Urban Outfitters Inc. has dropped 1.39% during the last 3-month period . Year-to-Date the stock performance stands at 31.43%.
Urban Outfitters (NASDAQ:URBN): stock turned positive on Friday. Though the stock opened at $29.66, the bulls momentum made the stock top out at $30 level for the day. The stock recorded a low of $29.17 and closed the trading day at $29.9, in the green by 0.37%. The total traded volume for the day was 1,700,817. The stock had closed at $29.79 in the previous days trading.
Urban Outfitters, Inc. (Urban Outfitters) is a lifestyle retail company. The Company operates through two business segments: Retail and Wholesale. The Retail segment consists of the Companys Urban Outfitters, Anthropologie Group, Free People and Terrain brands, whose merchandise is sold directly to the Companys customers through retail stores, Websites, mobile applications, catalogs and customer contact centers. The Urban Outfitters targets young adults aged 18 to 28. The Anthropologie Group consists of the Anthropologie and Bhldn brands. Free People retail stores offer private label branded merchandise targeted to young contemporary women aged 25 to 30. Terrain brand is designed for women and men interested in a creative, outdoor living and gardening. The Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young womens contemporary casual apparel.